/biz/ - Business & Finance

offshore tax haven you stupid cunt. who the fuck pays taxes? are you some cuck?

>>4824004
pay 25% to the big Sam

>>4824004
pay the taxman

>>4824004
in germany its tax free if you hold coins for more then 1 year

>>4824070
Please describe the method step by step for a Canadian, I'm a brainlet, never filed my own taxes.

>tfw bitcoin gains are tax exempt in my country

feels good man

ITT: newcoiner normies

Cash out via a salt loan, if btc rises then you get to cash out while keeping some of your btc, if bitcoin falls you get to cash out with only a 10% fee

>>4824129
where do you live

>>4824120
now its not, you have to pay high revenue tax if u cash out before 1 year of waiting, if you cash out after one year you pay capital tax wich is sometimes lower than revenue tax, and 750 euro are taxfree per year in capital gains

Germany hates investing, thats why it taxes shit out of stocks and shitcoins... in denmark is no capital tax

atleast we can throw away our citizenship in dispite of the amerifats, as soon i can i will leave this socialist scumwhole before they wanna tie the citizenship to us forever

Any britfags cashed out?

>>4824225
>non-socialist german
you're like a unicorn, dude.

>>4824004
PAY DENBTS

imagine what your country would look like without taxes.
yeah, pay your fucking taxes

People have posted before about having a friend cashing out your crypto for you then gifting you the money.
Is this a meme or would it actually work? (I'm from the UK btw)

>>4824004
Keep up to date records of your transactions and relevant cost basis calculations for your gains (probably a good idea to do this frequently if your trading a lot).

>>4824226
Not yet, depending on how things go might be HODLing till next tax year since I want to spread things out. I'm going to dread doing taxes though.

>>4824356
*friend from country where crypto is non taxable

>>4824337
suck a dog dick

>>4824004
/mlg/
money laundering general when?

>>4824408
seriously i need that nOW

>>4824337
there are more fucked up places with taxes than without.

>>4824225
Wow I`m so glad Im not german. Live in the south but have a norwegian bank account since Im a citizen. Gonna cash out all my coins and pay a nice low tax then send the money via paypal to my german account.

>>4824195
either his imagination or some 3rd world shithole

>>4824294
I know and i hate it so much here i cant take it anymore, i unironically like it more in bulgaria or mexico or chile or thailand, just somewhere where u dont have so much of
> "b-but u h-have to contribute to german society, social justice is so important !"

i made my memegains, i sold my company and now i leave, germany already took 40% in taxes of my sell of

the worst was the start, fucking retirment and healthcare took away so much fucking money so the oldfags can just keep living and complaining

>>4824225

You are wrong.

It's completely tax free after one year.

Why do you answer if you didn't even do one fucking google search on the topic? Fucking retard.

Three option:
dont cash out
pay the tax man
use local bitcoins

>>4824004
Hodl for a year, report it on your taxes of course but after a year you won't have to pay taxes on gains. If you cash out before a year, then you pay taxes
>USA

>>4824527
yeah i wanna throw away my citizenship to and get my thai citizenship but it takes so fucking long, dont know who to bribe there ahhhh AHHHHHHHHHHHHHHHH
AHHHHHHHHH

i dont want my shitty money longer on unsafe exchange AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>4824356
isn't that textbook laundering

>>4824589
>>4824627
Also this

>>4824004
>cashout all this BTC
Don't worry about that, it doesn't happen.

>use local bitcoins
ok so who is going to pay me $13,000 Cash in an area where the avg. income is $36k/yr

>>4824647
Hey friend, why dont you take your hardware wallet, fly to Thailand and cash out there? As a farang you can get a intl. bank account and transfer the money from there. Use paypal or WE to send yourself money every couple of weeks.

Or you know... launder like every normal criminal.

>>4824589
What even constitutes holding for one year, how do you prove this?

>>4824589

t. never cashed out

u dipshit, u can only sell taxfree stocks and shitcoins u purchased before 2009

now u cant doge the tax anymore, the bank directly has to transfer it to the gubimint

>>4824004

1031

Look it up if you're in the US

>>4824430
Take a trip to Malta and cash out there.

>>4824718
i wanna do it legal, so i dont get in a hussle, but thx fallow thy anon, i am only half farrang

How is it living in thailand... kinda miss toilet paper over there and white girls

>>4824678

Maybe nobody, but maybe multiple people at smaller amounts. Or you might get stabbed

>>4824588
I hear you, man. People are so stuck up their own asses here they do not see the damage they do.

>>4824829
I`m a typical scandinavian tourist, but have been semi living on Koh Samui since 2013. I don`t miss toilet paper since bidets are indefinately better, white girls are only for children, thais are for fucking. I`d never marry a Thai but they are fun af.

>doing it legal
Look at it that way. Does the state deserve your tax money? You pay for white genocide and other degenerates. Your tax money gets wasted by boomer politicians who have no sense of reality. Germany will be done in the next 25 years. So you can be a good goy and pay your tax so the charade goes on longer or you can take your gainz and hustle.

>>4824588

Fuck I want to move to Chile

/pol/ has cianiggers and fbiniggers, /biz/ has irsniggers. Kekekek.

>>4824953
i dont think they deserve it, but in taxhunting germans are bretty good if they have enough evidence

would keep sending my grandparents money, because they raised me or just give them 500.000 ahead

my thai grammy lives in koh samui, but i wanna live in a area with lagoons :P also i dont think asians are attracitve, have a thing for east european since bulgaria, exspecially russians

>>4824963
Pinochet aho!

>>4825125
If you relinquish your german citizenship and move to Thailand, chaning your legal adress, and cash out there. They cannot do shit.

Cash out via your grandparents.

The great thing about btc is the decentralization. If you do it right at the end of the day no one can proove shit.

>>4824718
>launder like every normal criminal
would it be enough to just use a tumbler? Ive been using helix ever since I got into cryptos for them drugs but not sure if it would actually help here.
Basically Im thinking the government wont be able to follow the tracks of my exchanges and I can just claim that I lost the wallet or was hacked or some shit and then try and get them out through bitcoin ATMs or a foreign bank.

>>4825311
Cant wait to be a farrang in the lagoons, wish i could have a sasha or dasha to join me

thx fellow viking anon, maybe we can share a mai thai and a massage in Phuket ?

>>4824225
you are so fucking retarded damn. its a taxfree margin of max 600 euro and other things will add up to those 600 too. and you not paying abgeltungssteuer on it because thats what you paying on dividends you receive from a share. next thing is even if you not waiting one year you not paying capital gains taxes. you will get taxed after your tax class. trading with bitcoins is called private veräußerung

>>4825387
I hate Phuket man. I hate it so much its a cesspool. But hit me up between January and May in the Sweden Bar in Chaweng on Koh Samui. I usually sit there from 5 in the afternoon every day. The owner is a friend of mine.

>>4825456
near the hilton hotel ?

i will man, i wear probably a yellow hawaii shirt with red flowers or a white one with blue palms, i am the clumsy asian guy, the best thing to find me is my Scrooge McDuck tatoo on my right elbow

>>4824718
Thailand does not only treat capital gains from bitcoin as income (up to 35%) but bitcoin is also not VAT-exempt in Thailand (7%)

Not to mention FATCA and AEOI means your country will know your foreign accounts, so simply using a offshore bank to cash out doesn't work either

Terrible advice