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3657609 No.3657609 [Reply] [Original]

If I hold physical gold bullions, dose the taxman need to know? Does it count as asset or commodities? Do I need to declare it when doing my taxes? Does the amount I hold change the circumstance? Eg 1 thousand dollars worth of gold Vs 100 thousand dollars worth of gold?

>> No.3657622

>>3657609
Buy Bitcoins. Send them to a paper wallet and shove up your ass. Fuck the tax man.

>> No.3657660

>>3657622
Too volatile and who knows what's gonna happen to crytpo in 10, 30 or 50 years time. Too risky.

>> No.3657785

Gold is Point of Purchase and point of sale.

There's a certain amount (USD) that can go un noted. Hence why smaller bars can be really helpful.