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/biz/ - Business & Finance

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22527955 No.22527955 [Reply] [Original]

If I live in Australia and I use Binance(.com) to trade how would the gov ever know?

>> No.22528005

nope. unless you use aus based exchanges they dont know

>> No.22528967

>>22527955
They deffo will know

>> No.22528975
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22528975

>>22527955
Why does everyone here try to evade taxes? That is the one rule that the government will almost always find and fuck you for breaking. Just pay up or move your assets into an offshore vehicle if you're that obsessed.

>> No.22528985
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22528985

>>22527955

>OP talks to the ato

>> No.22529208

>>22527955
Your oz bank reports it to the ato

>> No.22529238

>>22528975
Because if you pay, they will say you did it wrong and throw you in jail

>> No.22529243
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22529243

>>22527955
we already know

>> No.22529616

Yeah they know for binance users. Without a doubt.

Just see what happens when you try withdraw to AUD and the disclaimer that if you choose to do so, you no longer will have access to buy and sell privacy coins like xmr

>> No.22529684

>>22529243
why would you know, you just stomp on heads for paychecks

>> No.22529788

>>22527955
I use an aus based exchange for the precise reason that if the Ato already know about all my transactions, they're gonna chase me up on stuff sooner.

>> No.22529816
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22529816

>>22527955
>binance
Could you explain to a retard newfag how to short on binance, and close my position in USDT? when buying back, do I use "borrow" or "repay"? Repay seems to leave my spot wallet in an open position after I buy back, thus making me waste another 0.1% fee when I make a second trade back to USDT

>> No.22529820

>>22527955
when i report you champ

>> No.22529821

Don't worry. In 2 years there will be no Australian Government. What we will have will more resemble the Commonwealth of Australia again but as an independent nation.

>> No.22529825

>>22527955
how the fuck are you going to use binance.com if you live in Australia? makes no fucking sense ASIO, ATO, whoever the fuck you are. seriously

>> No.22529872
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22529872

>>22529816
I don't get this either. I'm trading on Kraken right now and plan to transfer some funds to binance, but their position system is confusing as fuck.

I wanna start messing with their low fees, but their wallet and position system seems almost deliberately confusingly built

>> No.22529896
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22529896

>>22529821

>> No.22529939

>>22529816
I think you need to always trade back to USDT after shorts on binance. Its annoying as fuck and counter intuitive, because you obviously wouldn't sell a position you think would still go up. So your actual fees are always 0.2% per trade when shorting

>> No.22530081

>>22527955
At certain sum of money in certain time window when you transfer money via banks it will auto reported or your bank account will closed by bank.
Also all companies/shops are obligated to register your name and address when selling high price products.

>> No.22530243

>>22527955
lmao prepare to get fuuuuuuuucked

>> No.22530358
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22530358

>>22529684
sir step away from the keyboard. it's stomping time

>> No.22530389

DW, OP is too poor for taxes to matter. No tax under 18k/yr.

>> No.22530793

>>22527955
Checked

We know everything anon

You think we dont want money.