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/biz/ - Business & Finance

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8958273 No.8958273 [Reply] [Original]

>taxes

>> No.8958312

>paying taxes on trading gains

>> No.8958376

>>8958312
>paying taxes

>> No.8958449

>>8958273
It's over. Now when moon

>> No.8958452

>>8958376
>not using an offshore broker that doesn't inform the IRS

>> No.8958490

Australian tax year is 1st July 2017 to 30th June 2018. I just finished prepping for it today. I now know what my capital gain for crypto was, and I can just sell enough to cover that amount in the last few weeks of June, that way if it goes down between now and then it counts as realising a loss and I don't get fucked over like all the amerifags. Anyone else here planning to be smart like me?

>> No.8958512

test

>> No.8958635

the government gave me money this year, whats your problem?

>> No.8958773

>>1234567

>> No.8959473

Ever considered moving to the Netherlands? Savings/investments below 30k? No tax. Below 71k? 0.6%. Below 1mil? 1.3% anything above 1mil? 1.61% shits cash bruh..

>> No.8959483

>>8959473
and delusional leftists claim you people are a socialist utopia

>> No.8959537

>>8959483
Best of both worlds. Healthcare with a tiny monthly contribution, safety net for the financially illiterate and an economical environment designed for businesses to thrive. At least 1 in 3 people I know are either self employed or a business owner

>> No.8959547

>>8959473
And what about your normal wagecuck income? 1,63% taxes in netherlands, lmao

>> No.8959584

>>8959537
socialism sucks though
Switzerland has it better.

Their healthcare is privatized and they have much more freedom and choice in healthcare.
Also they have zero waiting lines

>> No.8959708

>>8959547
Wagecucks and the salary you take as a business owner is taxed to hell. But it depends on how much you earn. If I want 2500 in my bank account every month, the company has to pay ~1700 on income tax. But if I want 1000 the income tax will only be ~200. It's a necessary evil to upkeep our socialist system. I don't mind though because it's that system that creates a healthy and safe environment for everyone. Break a leg? 400 bucks. Wife gave birth? Why don't you stay home to recover and bond with your child for a couple of months while still getting ~70% of your income, sponsored by the government. I honestly don't understand how other countries manage to not get this.

>> No.8959724

>>8959584
Our healthcare is also privatized, it's just that the government pays a huge part of the bill. Free market but affordable for everyone and even subsidized for those who can't afford the small contribution in case of debt or no income

>> No.8959745

>>8959724
I'm a leaf and I wish we had a system like yours.

>> No.8959754
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8959754

>>8959724
>>8959745
Actually I prefer a TOTAL free market in healthcare because I believe it will be even cheaper and far more technologically advanced.
But still, yours and Switzerland's is second best.

>> No.8959792

>>8958273
I'm down 5K from my crypto taxes alone. I'm not at red still made some huge gains for btc but fuck i wish i knew this beforehand and transferred to another provider instead of coinbase