/biz/ - Business & Finance

You get raped in jail

>>29583478
but i wont go to jail.

pic unrelated but its a pretty cool graphic!

>>29583351
mena?

>>29583351
anon if you have mega millions you have enough money not to pay taxes on it. Hire a good accountant

>>29583972
Said accountant would want a massive cut of my mega-millions.
How do I come out of it without getting jewed but keeping most of my cash?

How many millionaires do you know of that actually got in any trouble for not paying taxes?

you hear a lot of news about it, but nothing ever comes it. They either always get a slap on the wrist or do stuff behind the scenes where the IRS gives up.

Those laws are for poor people. Once you become a member of the protected class, that shit no longer applies to you.

I’m not 100% on this but I’ve heard some high IQ HINWIs mention putting their assets on the books of an LLC they created for some reason. Probably missing a step or two

>>29583351
“Cash out” to another crypto. You really are gonna trade a swiss bank that can be put in your pocket for wagie bucks?

>>29584075
Accountant will take some.

It a lesser of two evil, either pay millions or a couple thousand.

>>29584794
What exactly would he do that I wouldn't be able to do myself?

Every rich fat cat, i've heard of that dodged jail time for tax evasion had either a good accountant and a good lawyer.

>>29584446
>Those laws are for poor people. Once you become a member of the protected class, that shit no longer applies to you
You’re completely delusional, but I would just cash out and move to another country/change my identity.

>>29585395
When was the last time you ever heard about a multi-millionaire getting in any actual trouble that didn't involve CIA or lluminati shit.

>>29585116
>What exactly would he do that I wouldn't be able to do myself?

Fucking brainlet.

>The way of a fool is right in his own eyes: but he that hearkeneth unto counsel is wise. - Proverbs 12:15

>>29585116
He’ll guide you through the tax code and give you advice on how to legally put your earnings/assets in a non-taxable way.

What else is he gonna do?

>>29583351
Lots of people don't pay. But you constantly have to be worried someday you're going to jail.

>>29585634
god isn't real fag

>>29585116
He would be a fully licensed accountant dumbasd

>>29585769
>low iq
>doesn't believe in God
>can't even figure out how to avoid taxes legally
>wont listen to professional counsel

hahaha

>>29584446
this happens b cause they have enough money to buy off the people who could fuck them
no matter how you go about it, OP, you're gonna have to part with a good chunk of your money to walk, it's a matter of who you wanna pay

>>29585523
https://klasing-associates.com/2017-statistics-tax-crime-convictions-prison-sentencing/
60% of tax fraud cases end in jail. 80% of those cases involve more than $100k, and 13% of those cases involve more than $1.5m

>>29583351
Tax evasion?
Remember, Al Capone didn't go to jail for being a mob boss.

Honestly the dumbest OP I've seen in ages.

Just pay your taxes. If you had a job paying you millions you'd still pay a percentage.

>>29585934
>>can't even figure out how to avoid taxes legally
Moving to another none shithole country or moving your funds around with could take years.

Just not paying them at all seems like the easiest choice.
also
>still believing in god in the year 2021
YIKES.

>>29586540
>moving to another country
>"could take years"

hahhahah

>>29586628
Illiterate christfag, moving your funds around could take years.

And yes, in many cases, moving to another country could also take that long.

>>29583351
>cash out
>dont pay taxes
>??
>profit

>>29583351
if you have made mega millions, give up citizenship and move to a country with no capital gains tax.

>>29583351
just go to Germany retard

>>29583351
Move country retard

>>29584075
Teach yourself what said accountant knows.

>>29586715

>>29586715
how am I illiterate when you literally just acknowledged what it was I was mocking you about?

Hahhaha, fucking idiot oh man.

>>29586715
???? just transfer to your fucking bank in someplace like Germany that has no tax in crypto? retard

>>29583351
Move to Puerto Rico like most American crypto-millionaires.

>>29583351
any accountant or lawyer you hire can snitch on you for a reward. Cash is harder to track if you buy gold in one place and sell it somewhere else, but research the amount of gold you can sell before the seller is required to report the sell. Lying to the feds is a much more serious crime than not paying or under paying your taxes. Martha stewart went to prison because she lied to the feds during the investigation, not because of insider trading. Never talk to the feds, direct them to your lawyer.

>>29585934
>m-muh magical sky daddy in the clouds protects me!

>>29590273
You literally have no idea what you're talking about. You pay income tax on crypto profits above 600€

>>29583351
Do Americans also have to pay taxes in the USA if they move to another country? Otherwise just move to Portugal to enjoy tax free gainzy. Also im Germany you don’t have to Pay taxes on crypto if you keep them at least 1 year (but it’s a pretty bad shithole if you don’t live in the Southern Part of the Country).

>>29584721
umm, sweatie, crypto to crypto transfers are taxable events

>>29591261
>Do Americans also have to pay taxes in the USA if they move to another country?
In paper, yes. But I don't understand how would they enforce it if the dude never comes back to burgerland.

A good lawyer gets you to pay the owed back taxes, a fine, and you have to live under house arrest for a year.

based OP

Enters Tyrone

If you're too stupid to deal with this kind of problem you're too stupid not to be parted from your money. Cash out but, don't expect it to last long.

>>29592716
They’d seize your accounts and you’d get intercepted in an airport and rerouted to the United States for some good ole prison rape.