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8336787 No.8336787 [Reply] [Original]

Went to the lawyer today.
If you live in Belgium you'll have to pay tax on every crypto to crypto trade. Whatever you earned on that, your tax will mostly be 33%.
>I'm already in huge tax debt
>Only 5k in fiat left
>Netherlands only pays 1,2%
>No more good vibes

>> No.8336854

>>8336787
wtf happened there? source on those kids?

>> No.8336868

>inb4 dumbasses defend the kid
He beat up and raped one of the girl's little sister.

>> No.8336889

how will they link anything to you?

>> No.8336907

>>8336854
Girls are evil. The end.

>> No.8336950

>>8336787

wtf are they doing to sminems cousin

the gains will never come to those who oppose gods

>> No.8337015

>>8336854
>>8336907
some anon awhile back said that kid raped one their little sisters or something so he deserved it

>> No.8337022

>>8336787
Any allowable losses?

>> No.8337035

At this point, i just plan on cashing out to gold. The tax stuff seems like a serious headache.

>> No.8337044

>>8336889
It works like this:
- Tax department probably has my bank transfers to exchanges
- Tax department starts tracking down everything crypto associated and even if they don't find me in the coming 5 years, they still have 10 years left to find me and backtrack everything + I would get fined for the delay
- If I would suddenly cash out to my bank account and it isn't clear where the money comes from, the bank will freeze my account. Then the tax department comes. Then I'll have to explain the crypto etc.

I am actually still one of the early ones going to the lawyer and I still have enough time to get everything in order. I think a lot of investors will be very surprised in the future when the tax guy knocks on the door (or sends a letter).

>> No.8337086

>>8337022
Yes for the trades you close with a loss.

>> No.8337112

>>8336787
crypto to crypto tax is so fucking retarded there is literally no gains and you have to pay taxes for it what? retarded they just want tax everything so they can afford to support refugees on welfare

>> No.8337115

>>8337044
good thing i started in december, and have only experienced loss :')

>> No.8337158

I didn't file my taxes this year for crypto even though I made like 20k

>> No.8337171

>>8337044
in Belgium as well and the tax in indeed 33% and the income needs to be reported on the miscellaneous income on your tax forms.

BUT it's not an income if you didnt cash out to bank or to fiat, i am in losses now, like 50% and increasing but nothing in fiat, so nothing to report for 2017.

>> No.8337191

>>8337112
There are gains. It works like this.
€20 investment. Sell after a 10x for €200.
Do that €200-€20 = €180 gains.
Taxed for 33% on that €180.
Pay €59.4 tax to kikes

>> No.8337226

>>8336787
Belgium tax enforcers have doorgelicht only 3 persons to far. I know several Belgians who have said nothing and taxmen didn't say shit.

Unless yu're a whale ofcourse. I guess Argenta or KBC will shut down your account if you suddenly get a million euros deposited.

>> No.8337229

I'm also from Belgium, it's not the pure truth.

HODL IS THE MOTTO MORE THAN 1 YEARS

"Tant que les transactions sont réalisées dans le cadre d’une gestion normale privée du patrimoine, les plus-values sont exonérées d’impôts.
"

https://www.lecho.be/economie-politique/belgique-economie/Les-plus-values-sur-le-bitcoin-taxees-a-33/9965346

>> No.8337256

>>8337226
>Taxed for 33% on that €180.

Panama, Gibralatar, Netherlands, Iles vierges sont aussi bons !

>> No.8337302

>>8337226
My lawyer explained that situation to me. They were localbitcoin whales.

The thing is ... You don't have to worry AT THE MOMENT. But they WILL come after you later.
The fiscus smells money? The fiscus takes money!!

>> No.8337616

>>8337229
Every transaction gets looked at independently (if you go to a lawyer, if you don't its 33% or 50% when it's your "job")
If you can prove that you are a "good housefather" it's 0% but in reality this almost never happens because of crypto speculative aspect.
If you do it as a hobby the tax is 16% (what me and my lawyer are aiming for)
If you are speculatively trading, perhaps even marging trading (red flag for fiscus) it's 33%
ON EVERY TRADE
I WENT TO THE LAWYER TODAY AND MY BROKE ASS PAID €200 FOR IT
I CAN'T AFFORD THIS TAX SHIT
RRRREEEEEEEEEEEEEEEEEE

>> No.8337674

FREE DEWEY

>> No.8338253

>>8337616
Move it all to monero, move it through five diff wallets. Say you lost it all. Then sell via local bitcoin or find another alternative to cashing out via bank.

>> No.8338408
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8338408

>>8336787
My dick would be rock solid if I was in that boys position

>> No.8338456
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8338456

>>8338408
bruh.

>> No.8338623

>>8337616
No.
A student recently got slapped with 33% on his crypto gains, but only because he was running a bot.
This is a clear indication that you have to be at least daytrading to get slapped with 33%.

>> No.8338638

>>8336787
here you go anon
https://www.tijd.be/netto/belastingen/Moet-u-belastingen-betalen-als-u-in-bitcoin-belegt/9958726

>> No.8338712

>>8338623
Also, I got audited THOROUGHLY earlier this month.
The auditor went over each and every item in my books, and quibbled about tiny details like restaurant stubs.
But he did not utter a peep about my 10k Euro transfer to Kraken.

>> No.8339212

>>8336787
That's incorrect, the 33% you are referring is because of speculative investments and not being a good housefather. If you held for a few years without selling and you brought it to court you would have 0% tax.

>> No.8339420

>>8337044
No need to pay taxes, when you haven't cashed out. Btw i have lost an unknown amount of monero...fuck this shitty crypto world

>> No.8339484

>>8336787
What a pathetic beta male. He could put all those girls into their place within seconds but he lets them handle him and beat him like the little beta pussy he is. Pathetic and disgusting.

>> No.8339719

In hollandland you don't even pay taxes for each trade. You pay 1.2% over your capital each year (the value at the 1st of january) if your capital is worth more than 20k euros. So if you trade with 5k and end up with 25k after some trades you have to pay 1.2% over that value on january 1st.


> crypto ath in the beginning of january
> we're fookd

>> No.8339750

>>8336868
>sexually assault a girl
>get sexually harassed by more girls
Eye for an eye doesn't really work here

>> No.8339902

>>8337044

That's why you only trade on unverified exchanges. They can't track you.

>> No.8340183
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8340183

>>8336787
Het was leuk zolang het duurde

>> No.8340253

>>8336787
Brag about your socialist government policies now you fucking eurotrash scum
>muh healthcare
>muh welfare
>muh nigger immigrants