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/biz/ - Business & Finance


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21054501 No.21054501 [Reply] [Original]

How are you guys planning on withdrawing your money when you make it? Obviously you are not withdrawing everything to your bank account right? You are well aware of the tax problem we have.. So what is your plan?

>> No.21054512

I've taken gains and I pay the tax. I mostly hold at over a year so I'm paying capital gains which in America isn't that bad. Certainly not worth legal trouble for.

>> No.21054517
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21054517

>>21054501
>tfw no capital gains tax in your country
Sorry bro can't relate.

>> No.21054532

Buy gold coins apmex jm etc sell locally

>> No.21054541

Wait there is a tax even if i hodled it over a year?

>> No.21054560

>>21054512
okay, maybe you should also check out the btc companyes if there are any in your city..
i'm from europe but they do give me money with a small fee but the money is 100% not written on my name

>> No.21054581

>>21054532
this
get it as much off your name as possible
>>21054541
i hope this is a joke anon

>> No.21054646

>>21054560
It's 20% on my capital gains. It sucks but it's not worth going to jail for. I think my entire blended tax rate this April was like 24% or something, compared to the rest of the world an American living in Florida (no state tax) has it pretty good. Not worth going to jail over.

>> No.21054677

>>21054501
Drns

>> No.21054750

>>21054581
haha y-yeah a "joke"

>> No.21054808

>>21054501
Shady crypto to cash dealers.

>> No.21054836

Don't worry, Sergey will withdraw every $ to his Cayman Islands bank account

>> No.21054845
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21054845

>>21054501
>withdrawing your money
What? You mean sell? Why the FUCK would I ever do that?

>> No.21054871

Form holding company, pay out staking rewards through dividends

>> No.21054897

>>21054501
this is literally the second link meme i have ever downloaded, saved in the 2018 gallery on my phone, i love how it changed its meaning from 2018 to now from oopsie to smug

>> No.21054907

>>21054532
They make you do kyc for that you fucking idiot

>> No.21054961

How do we avoid paying tax?

I'm not paying 20% capital gains. Fuck that shit.

>> No.21055026
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21055026

>>21054501
>tfw live in third world shithole with 0% capital tax, 0% dividend/stock/crypto tax

>> No.21055418 [DELETED] 

>>21055026
Same and there are enough shady crypto for cash buyers that you usually end up getting 5-10% more in cash. It’s even easier now.
t. Cashed out mid xx BTC in 2017

>> No.21055484

>>21054501
already cashed out 2X initial, paid taxes , sleeping like a baby. but with your negro mentality you are ngmi, imagine fuckin sweating with every purchase HAHAHAHAHA

also will cash out next batches and pay taxes because those are the rules in my country, and i want to have functioning benefits of living in a big tribe like
>roads
>hospitals
>police
>firefighters
>military
>etc etc etc

but yeah go fuckin cash out and live in a tent in the woods you fuckin sperg

>> No.21055543

also in germany it's ez game 1 year and it's all tax free because this shit doesnt count as a financial asset.

>> No.21055575
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21055575

>>21055026
>flies everywhere
>people shit in the street
>literally have to hopscotch in the street so I don’t step in human shit
>beggars everywhere
>corrupt bureaucrats everywhere
>>0 capital gains, 0 taxes all worth it

>> No.21055576

>>21054512
Psst, hey prove your tax residency in Puerto Rico 0% capital gains tax lol research into it

>> No.21055600

>>21054501
im never selling my link, i will pass it onto my children

>> No.21055652

>>21054501
I will either pay the tax or be a rick hobo living under a bridge with amy millions in a ledger