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/biz/ - Business & Finance


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30037424 No.30037424 [Reply] [Original]

>Pay tax when lending BTC even though you don't sell it
>Pay tax on gains, meaning you need to sell more BTC to cover the cost, incurring a new taxable event
>Pay tax on crypto to crypto
>Profits are 100% taxable, losses 70% taxable
>failure to report a transaction creates another 40% penalty

this godforsaken viking country is hell for crypto users

>> No.30037569
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30037569

wtf

>> No.30037770

>>30037569
need to pay for alis 8 kids

>> No.30037780
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30037780

>>30037424
at least you live in the first world
unlike us americunts

>> No.30037806

>>30037780
yes you can't even trade more than 3 times per week because a day trader rule or something

>Land of the free

kek

>> No.30037830

>>30037424
Ive heard that Sweden is fucking awful if you claim taxes as an individual but if you set up a shell company and claim your trades as part of the companies revenues, the taxes are hardly anything.

Just wanna say, im not Swedish (English) but have been told by Swedish friends that Sweden is great for crypto if you take advantage of the system

>> No.30037963
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30037963

>>30037424
You get taxes to work. You get taxed for buying shit with usd. You get taxed for making profits on investments. You get taxed for buying shit with crypto. You get property tax even when the home is fully paid. Probably more I can't remember. This retardation never ends. I'm surprised we don't have an oxygen tax.
Fuck government. Government is supposed to serve the people. Instead, we have a mafia pos that only supports the oligarchy class. We need to get rid of this inefficient Big Brother shitstain government already. It is pure evil.

>> No.30038179

Hahaha I don’t pay taxes I get tax returns! Imagine not having a bank account at a third world shithole!

>> No.30038387

>>30038179
enjoy explaining to skatteverket how you bought a house or a car

>> No.30038562
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30038562

>>30037424
tfw I need to pay so much taxes to help the homeless that I got homeless

>> No.30038665

>>30038562
THIS. Fucking taxes keep people poor. Hurts society more than it helps

>> No.30039335

>>30037830
false
shell company gets taxed and assraped by finansinstitutet

>> No.30039856

30% on capital gains is alot, but the major problem with the swedish crypto tax is the crypto-crypto as a taxable event.

Buying bitcoin stock with an ISK account is ironically a much better deal here if you just want to invest in BTC/ETH

>> No.30040030

>acquire modest amount of fiat
>purchase BTC from exchange
>xfer to wallet as "payment" for something
>report and pay tax on "payment"
>send btc to another wallet and then from that wallet to a dex
>swap for xmr
>use xmr to swap for whatever on a different dex
>enjoy trading until you make it go bust
>if you make it swap back to xmr and "buy" custom NFT artwork from yourself
>exchange xmr for fiat
>report that you sold NFT artwork and pay tax on it and the fiat
Congratulations, your money is now only being taxed two times instead of every year.

>> No.30040282

I would be okay with all of this if my taxes weren't going to support muslims and niggers who don't work and only rape.

>> No.30040293

>>30039856
and if you buy a computer for 1000 euro, you need to pay 300 tax... so 1300

>> No.30040518

>>30040030
>>if you make it swap back to xmr and "buy" custom NFT artwork from yourself
based

>> No.30040544

>>30037424
This is like Finland except here losses are taxed 100%. Basically all you can do is hodl and accumulate more link. Which is of course fine and you will become a millionaire

>> No.30040548

>>30037424
thats why they are voluntary

>> No.30040560

>>30037424
I feel better about my taxing policy

>> No.30040631

What happens when you buy something from a store like Webhallen? Will the Transaction be reported or do i Only pay moms?

>> No.30040707

>>30040631
you need to report it yourself, in theory

>> No.30040935

why are we born into such an evil world bros? i want eren to start the rumbling

>> No.30040989

>>30037424
I don’t know about any of this. Still holding bags of bitcoin from time it was used as a CPU stress test. So legally I have had no idea it would be valuable.

>> No.30041016

>>30037424
This is not completely true, where did you get the tax on crypto to crypto transactions?

>> No.30041070

>>30040293
>die
>parents have to pay funeral tax

>> No.30041076
File: 180 KB, 308x374, tax poem.png [View same] [iqdb] [saucenao] [google]
30041076

Norway here. We have 22% tax which is testing my threshold.. but what really irks me is the crypto-to-crypto taxation. Crypto is considered both a financial instrument and a currency so you get taxable events at every turn.
Owning through a stock company gives you the 22% tax on profits and an additional company taxof 26%. Even doing it by the book will net you a 48% tax.. so the government is really encouraging not reporting your holdings and I can guarantee that people will be selling custom NFT art... which will net them a 25% VAT tax....

>> No.30041080

>>30041016
https://skatteverket.se/privat/skatter/vardepapper/andratillgangar/kryptovalutor.4.15532c7b1442f256bae11b60.html

>bytt en kryptovaluta mot en eller flera andra typer av kryptovalutor

>> No.30041131
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30041131

>>30039335
>finansinstitutet

>> No.30041170

u get tax for lending? I think it time to rise up nazi

>> No.30041267

>>30037806
Only if you have less than 25k. And people still wonder why the rich get richer

>> No.30041289 [DELETED] 

kek, this niggers wanna scaml fucking shit on /biz/
I don’t trust this scam
>SWG and BSC
>This is our future

>> No.30041539

>>30037424
>meaning you need to sell more BTC to cover the cost
Based retard.

>> No.30041807

>>30037424
This will esential mean that ingame currencies require you to pay taxes of them.. Crypto aint regulatet yet. So boys all the League of Legends and WoW gold you earn... Its taxable.

>> No.30041873

Tax in, tax out, shake it all about.
It's the same here, I have paid for the jobless somali family with 5 kids across town to live in their £1million apartment for free.

>> No.30041979

>>30038665

Wah, why must we have roads, I liked the dirtroads better, wah I'm getting robbed, but there are no police, wah, my house is now on fire but no one is here to fix it

Wah I hate taxes

>> No.30042087

>>30041979
You obviously have no idea what taxpayer money is spent on in scandinavia

>> No.30042333

>>30042087

Please enlighten me

Is this wrong: https://www.theguardian.com/money/2008/nov/16/sweden-tax-burden-welfare ?

>> No.30042463
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30042463

>>30037424
>SWEDEN AGAIN TAXED TAXES OF TAXATION OF TAXES
THAT'S ALL FOR GREATER GOOD!

>> No.30042684

>>30037424
Fuck that don't report anything. Whenever you want to cash out then exchange coins for xmr and use it to buy drugs on televend. Sell the drugs for cash profit.

accumulate btc - hold for 2x - exchange 50% of your holdings for xmr - buy drugs - sell drugs at 50% markup - profit - repeat

>> No.30042725

>>30040030
Congratulations.

You have now laundered money.
Expect a visit from the police.

Källa: jag. Gjorde exakt så fast med eth i torn. inte kul.
Pengarna var vita men fan de blev ju knas ändå.

>> No.30042854

>>30041979
What is the God damn point of taxing me if they are just going to print more money and go further into debt anyway man

>> No.30042905

>>30037424
Just move somewhere else you dumb shit

>> No.30042935
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30042935

>>30041076
tfw bor i norge men har portugisisk medborgerskap

>> No.30042936

>>30037424
My favorite is how you pay tax on the exchange, buying pizza lets say. So you pay a $10 transaction fee to the miners, $10 in BTC for the pizza, Uncle jew takes 24% on top of that, sales tax takes another 5% on top. This is why crypto will never work as $$$, btc is shitcoin and all other crypto has zero use case right now.

>> No.30043176

>>30042333
It's inaccurate. The Guardian is a rag, but this doesn't really address the issues we have. The two most unhappy groups in the Nordic countries are people over 80 (about to die) and people between 18-23. Young and unemployed, with little to no wealth accumulated, few job opportunities etc. and things aren't improving.
https://www.norden.org/en/publication/shadow-happiness-0
Money is spent other places than where it would create more value and taxation also targets things that should be left to grow, like crypto.
Im Norwegian but I know that in Sweden rent is steadily increasing with more foreigners streaming in, who are incapable of taking care of themselves so they become a net drain through obscene welfare and create more competition for the young who want to establish themselves and contribute.
In Norway you will start paying close to 25% tax once you start making over 1k$. At the median wage for a 25 year old you might have to spend ten years working full time and saving to afford a shitty house. Thats before taking the pandemic into account. The largest group of unemployed people are now young people and not immigrants, which is breaking with the last 40 years of our economic history. The parties who are speaking up for tax relief to small business and struggling unemployed are accused of not contributing when all they are trying to do is to remove barriers to social mobility in a time of crisis, where the majority of parties want to tax those struggling and spend it on the undeserving...

>> No.30043431

>>30043176
>The two most unhappy groups in the Nordic countries are people over 80 (about to die) and people between 18-23. Young and unemployed, with little to no wealth accumulated, few job opportunities etc. and things aren't improving.

and neither of these groups protest, right?

>> No.30043796

>>30043431
People do, but they are generally misguided. They protest inequality in america, enviromental issues, when gibs are slashed or anything that touches government care. More people showed up to protest with BLM than when we joined the EU energy agency ACER (which is legally disputed still), making the price of electricity 30% more expensive for everyone in the country. People don't bother to learn about these things. They can just turn off their brains, give up more than half their salary and use mediocre state solutions and just sit on their ass never asking why they can afford less and less each year.

>> No.30043868

>>30042725
berätta mer tell us more

>> No.30043966

>>30043796
>They can just turn off their brains, give up more than half their salary and use mediocre state solutions and just sit on their ass never asking why they can afford less and less each year.

Now I know how "Scandinavian minimalism" originated xD

>> No.30044018

If you bought your crypto while you were living in Sweden. After that you move to some tax free country like portugal. Will you be able to file the taxes there even tho you bought them when living in Sweden?

>> No.30044140

How can gov check if any citizen owns any cryptocoin?

>> No.30044205

>>30042854
Literally the only point is to keep you poor. The elite want/need a slave class, and the truth is that they would rather have their status and be kings of an empire of dirt, than live amongst normal people in a thriving middle class society.

>> No.30044223

>>30044140
pretty sure banks are required to submit any transfers to/from known exchanges

>> No.30044293

>>30041979
kys cuck, the amount of tax money that goes into the actual services the state "generously" grants is NOTHING compared to what they demand. Faggot; Norway's government could give every Norwegian man, woman and child a fucking mortgage for the surplus they've reaped from their ludicrous tax structure.

>> No.30044350

>>30038562
You mean muslim and african immigrants, who are itching to take over.

>> No.30044402

>>30042333
>unironically linking to the guardian
You retarded re-ddit faggots need to go back.

>> No.30044550

>>30044293
That money is never going back to you anyways. In a recession it'll be given to every Arab and peasant, but not to you

>> No.30044676

>>30044350
You forget about Poles
t. anon from Poland here

>> No.30044692

>>30044402

I literally just googled: "what taxpayer money is spent on in scandinavia" and it was the 3rd link

So many posts about reddit, jesus fucking christ, everyone was a brainlet a year ago and now everyone is a reddit user, fuck sake. Be original

>> No.30044719

Hej vänner.
I've been in Sweden for 12 years. I came to do a masters and then I stayed working as SW engineer, so I have paid my taxes and I am a fren. No refugee.

I have an account on crypto.com and did KYC with my Swedish passport but have never cashed out a single krona.
Now my plan is to move back home to Latin america, we don't have any kind of agreement with Sweden, because, why would we?
I plan to just live there taking profits from crypto every now and then, sending them to my crypto.com app and making ATM withdrawals.

Is this a win? I don't think skatteverket can get me.

>> No.30044894
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30044894

>>30044719
>SW engineer

>> No.30044993

>>30041979
>>30042333
>>30044692
Who hurt you?

>> No.30045177

>>30037780
Sweden is unironically as dangerous nowadays than the US. numbeo.com go see the crime rates there

>> No.30045255

>>30041131
((((((Institutet))))))

>> No.30045382

>>30037963
I'm afraid we can't swedebro, we europeans are too cucked mentally, most people think the government has to take care of people in every aspect of life. Many of my friends think we are some way free, more then americans, when it's not true, we have much worse financial freedom which is in capitalism the most important freedom. t. Finn

>> No.30045448

Hello all from Cyprus. Can anyone explain what a tax is?

>> No.30045460

>>30044993

Your Mom was a bit bitey and scratchy when we conceived you, but it wasn't too bad. Now go to your room Son and think about what you've done

>> No.30045479
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30045479

>>30044550
Yes I know, I'm not Norwegian I'm just tired of Eurofag smugposting. Their entire way of life is thanks to us (Europe gets much more of the oil from occupied Iraq than we do for example and they tax it at 100% VAT) and it's sickening what our politicians have allowed for the past 50 years. Our companies develop the drugs they have access to at-cost, their companies sell our consumers and insurers insulin at 5x the price they sell to themselves. Zero pushback for decades. Every complicit US politician ought to be disassembled in Minecraft brick by brick

>> No.30045562

>>30041979
Damn I wish they only spent the taxes on those things in Scandinavia we'd be a paradise

>> No.30045605

>>30044293
Yet norways Income taxation seems comfortable to Finnish income taxes where you pay over 50% marginal tax rate when you start making 3k+ a month what a piece of bullshit it is

>> No.30045625

>>30041979
I fucking wish taxes were spent on roads... It's fucking immigrants and crime and subsidies because of non free market fuckery.

>> No.30045658

>>30040544
>here losses are taxed 100%
what did nyymi mean by this?

>> No.30045770

>>30045460
cringe

>> No.30045865

>>30040282
This. Our collective enemies are Jews a d crypto Jews (sjw idiots or idiot minorities thinking allying with Jews will not get them destroyed double hard)

Immigration is Israels economic and crime increasing weapon which is why they deny immigrants themselves.

>> No.30045958
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30045958

>>30037424
kek if you didnt leave Sweden and move to SEA after the migrant waves then you are ngmi
t. stockholmare

>> No.30046189

>>30045479
>blacklisted by history
The fact that holywood gets to rewrite it's own history is bullshit, you want to get your blood boiling? Look up what should we ask of are writers and then look up the guy who wrote it, the things Hollywood did to him.

>>30045460
Oh sweetie tell me who hurt you

>> No.30046243

>>30042935
jeg er havlt portugiser. da blir det kanskje lettere for meg og få borgerskap der? burde jeg gjøre det?

>> No.30046333

>>30045958
hvor flyttet du? flyttet akkurat ut av stockholm etter 6 måneder. herregud for et dritt høl

>> No.30046416

>>30044719
seems based

>> No.30046595

>>30042935
Din heldige jævel

>> No.30046757

>>30044719
Yes this

>Register on Crypto.com
>Stake for the ruby card
>Withdraw paper up to 400$ and 2% fee there after/month
>???

>> No.30046897

>>30044719
are there places in south america where living is actually acceptable?
can an american move there too?

>> No.30047009

>>30046757
yup, I already have the royal indigo card so it's 800 usd a month withdrawals with no fee.
More than enough in beanerland.

>> No.30047124

>>30047009
I'm really hoping that CRO does close or more than 1€ EOY. I could apply for the Indigo/Green card should that happen.

>> No.30047178

>>30046333
kan du prata svenska din jävla neger

>> No.30047272

>>30046897
of course fren. Do a little research and you'll see latinamerica is an amazing place, especially if you have money.

You can't generalize, places like Brazil, Mexico, Colombia, Peru, etc. are huge and they have different cities/regions where the social/economical/cultural situation varies greatly.

Just so you understand. Is it the same living in Detroit than Orlando?
But they're both in America, right?

Or if you go to Canada, since it's a similar culture: Toronto must be the same as Memphis?

Get my point?

>> No.30048256

>>30037424
>>Pay tax on crypto to crypto
Du menar att jag måste ha koll på alla jävla transactions jag gjort på alla olika crypto plattformar där det är några någon dollar avgift här och där?

För i helvete. Detta blir min första skattedeklaration med crypto, och jag har redan så jälva dålig koll på alla mina köp

>> No.30049709

>>30042333
jävla idiot

>> No.30049824

How to take care of crypto to crypto tax?

>> No.30050402

>>30049824
pay it
or dont

>> No.30051068

>>30047272
makes sense, please recommend one. i need a vacation anyway.
>>30049824
koinly

>> No.30051335

This thread is cracking me up because I thought it was only like this for the US according to this europoor >>30031237

>> No.30052270

>>30042333
Investera i rep

>> No.30052713

>>30048256
Koinly kan (uppenbarligen) räkna igenom det. Värt 50$ för att slippa spendera dygn med att rota igenom sin metamask

>> No.30052999

Fan vad jag hatar vad det här skitlandet har blivit

>> No.30053036

>>30042725
the cops got involved ?

>> No.30053218

Im really sick and tired of all these fucking taxes man. Greedy ass government needs to get put in its place. We should all stop paying taxes.

>> No.30053313

>>30047272
I lived in metro detroit and now I live in the orlando metro, less niggers and no gun shots every night.

>> No.30053330

>>30037424
>>30053218
Realistically what can these theives do if i just ignore them? What if i just cash out and buy whatever i want then i ignore them if they say anything.

>> No.30053465
File: 388 KB, 419x437, Billy.png [View same] [iqdb] [saucenao] [google]
30053465

>>30037806
>yes you can't even trade more than 3 times per week because a day trader rule or something
>>Land of the free
>kek


We also can't trade with derivatives. Seriously considering moving from this fallen emprie.

>> No.30053484

>>30053330
Jail m8 financial crime has harsher punishments than e.g. sexual crimes in swe lol

>> No.30053694

>>30042333

Wasted digits with a guardian article.
KYS

>> No.30053739

>>30053484
I'm getting around this somehow. I'm not gonna cash out then they steal 70% of my gains to give to muhammed and singlemothers.

>> No.30053822

>>30037424
Paying taxes lol just buy xmr fuck the government and banks

>> No.30053854

>>30037424
A VPN is like 5$ a month.

>> No.30053929

>>30037424
Buy XMR and get out of the fucking system

>> No.30054096

>>30053929
WE ARE TALKING ABOUT CASHING NOT HAVING USELESS XMR ISTTING IN YOUR WALLET WHAT COULD I DO IF I SWITCH TO XMR TELL ME?

STOP SPEWING THIS RETARDEDNESS.

>> No.30054158
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30054158

Theres only one way of the system lads

>> No.30054256

>>30053929
You cant buy groceries with XMR.
You cant pay your bills with XMR.
You cant pay for shelter with XMR.

>> No.30054259

>>30053739
I am just hoping that crypto become mainstream and that enough companies and shops will accept crypto as payment so that I never need to cash out and can live my life by using crypto. I don't see any other way around the taxation. This country will never stop taxing us to death, we have approx 1,500,000 people that are publicly employed and a whole bunch more dependent on taxes for their income. Privately employed people amount to approx 3,000,000 - meaning that they pay the salaries of all the publicly employed..

>> No.30054377

>>30054259
Problem is i want to buy land. Stuck at my mothers place. It's gonna be long until i can exchange crypto for land.

>> No.30054415

a

>> No.30054453

b

>> No.30054598

>>30054377
>Problem is i want to buy land.

Don't we all. Maybe in 10 years?

>> No.30054669

>>30037424
Same thing with stocks.

>buy stocks with money you paid tax on
>pay tax on the dividends for holding it
>pay tax when you sell it for a profit
>pay tax on whatever you buy with the gains
>pay tax on holding the thing you bought if it’s a vehicle or real estate
>pay tax on the thing when you sell it regardless of gains
>invest that money in the “””market”””
>pay tax on any gains and the cycle repeats

People accept it cause they don’t realize for the first few hundred years of America there was no income tax. Everything was paid for with tariffs and fees on what you use. Don’t use shipping? You don’t pay for the ports. Don’t use the roads? Don’t pay for them with the tolls. Don’t have kids? You don’t pay for the local school unless you wanna be generous. The list goes on.

That system breaks down when you decide to support a bunch of shitbags and assorted undesirable. You know the slang term faggot came from the fact that gays cannot have children to support them when they get too old to work so they become a burden on society like carrying a navy bundle or sticks around.

The empathy unique to the white race has become its undoing.

>> No.30054771

>>30037424
you forgot the best part the boomers pay 0,375% tax if they buy btc/eth tracker.

>> No.30055184

>>30054669
>The empathy unique to the white race has become its undoing.
Well you see nobody ever did a holocaust except

>> No.30055298

>>10565753
>Bosnian hates turks
HAHAHAHAHAHAHAHA

>> No.30055862

>>30053330
IRS will break down your door and disappear you. This i do not care about. They can come find out.

>> No.30057295

>the holocaust happened
kek

>> No.30057546

>>30054158
This became obselete when the dollar was taken off the gold standard.

>> No.30057611
File: 111 KB, 300x250, 1567958242764.png [View same] [iqdb] [saucenao] [google]
30057611

>>30055184
kek good joke

>> No.30058574

>>30047178
jeg snakker norsk din mega idiot

>> No.30058822

>>30041979
roads paved for trucks of peace.