/biz/ - Business & Finance

Why don’t you try and then come back and tell us how hard it was?

Why not just send btc to a guy who wants to buy for payment of his art. Then you draw a picture and he pays you in cash?

>>12904133
We need to establish a network of expats who aid each other in tax evasion
There are countries where you pay zero income tax in foreign income

>>12904203
That's only in panama and you still have to oay taxes in whatever country you are located in.

>>12904203
and malta

>>12904285
Become a maltesian citizen?

>he doesnt understand that uncle sam's hands extend to any part of the world until you fill his pockets up with your shekels

>>12904133
if you are a yank, you are going to get fucked by the US tax man anywhere in the world now. Also, most off-shore banks won't even touch you, it's not worth the hassle for them.

So you are fucked, unless you are prepared to relinquish your citizenship.

>>12904318
Unkle Sam doesn't accept shekels. Only usd

>>12904133
(You)

>>12904133
yeah its called buying precious metals and putting them in a safe place.

https://www.npr.org/sections/money/2012/07/27/157499893/episode-390-we-set-up-an-offshore-company-in-a-tax-haven

tldr ezpz

>>12904418
>most off-shore banks won't even touch you, it's not worth the hassle for them.
No

you open up a business in a tax haven, usa would be Delaware. then fund it with your crypto in exchanhe for shares. then have your business sell the crypto, pay it out as dividend and pay essentailly no tax and 100% legal conversion from crypto to local fiat.

>>12904418
this is the only proper answer here, no one else has done their own research clearly in this thread

Puerto Rico

>>12904133
Unless your gainz are in the mid eight figures+, no reputable bank is going to touch you

>>12904133
Impossible if you're a us citizen.

That's fucking illegal!

>>12904133
look into vaultoro. use my link for a bonus. they are basically a gold bullion bank in switzerland that except bitcoin deposits, and allow you to trade that into bullion.

www.vaultoro.com/?a=107662

>>12904550
>https://www.npr.org/sections/money/2012/07/27/157499893/episode-390-we-set-up-an-offshore-company-in-a-tax-haven
written 7 years old and before FATCA existed

youre legally retarded

>>12904203
It is very easy:
DO NOT do it

t. someone who did

>>12905542
Why? What happened?

>>12905725
he probably got fucked

>>12905542
Bullshit.