[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 42 KB, 399x322, 1522873782901.png [View same] [iqdb] [saucenao] [google]
8815231 No.8815231 [Reply] [Original]

how to avoid income tax?

>> No.8815239

fucking hodl

>> No.8815242

income?
ha
buy high sell low

>> No.8815248

>>8815231
No income. No income tax.

>> No.8815252

>>8815231
Not possible because companies automatically take it out of your paycheck

>> No.8815258

do bitcoin jobs

>> No.8815291
File: 11 KB, 180x271, Dumb1.jpg [View same] [iqdb] [saucenao] [google]
8815291

>>8815248
Don't work or only work for precious metals or crypto.

>> No.8815336
File: 103 KB, 599x549, we_are_the_Jews.jpg [View same] [iqdb] [saucenao] [google]
8815336

>>8815231
Anonymize some of your stash by moving them through shapeshift and monero.

Move that anonymized stash to an exchange that doesn't require personally identifying information like Binance or BitMEX.

Grow that stack through trading.

Avoid cashing out that stack to fiat if possible. If you absolutely must, acquire fiat through localbitcoins.

(((They))) can't tax what (((they))) can't see and pin to your identity.

>> No.8815341

>>8815231
avoid income duh

>> No.8815359

>>8815336
https://ethereum.stackexchange.com/a/2711

^-- How to anonymize your money.

>> No.8815517

>>8815359
>Turn ETH into fiat
>Deposit $1000 in your bank account
>Bank reports your deposits to the IRS
>Become cellmates with Tyrone

>> No.8815562

Well for cash I know plenty of normies I can sell at coinbase prices too

>> No.8815628

Puerto Rico Act 22

>> No.8815649

>>8815231
We need more info. Stock options are pretty good if you're /long term/.

>> No.8815663

>>8815628
This.

>> No.8815679
File: 51 KB, 378x346, 1523215828064.jpg [View same] [iqdb] [saucenao] [google]
8815679

>>8815231
Claim you have been hacked.

>> No.8815686

>>8815231
git gud and make 30% more in a week, boom no income tax

>> No.8815687

>>8815517
Launder into monero then into fiat. That way you dont meet tyrone in the lockup.

>> No.8815719
File: 17 KB, 400x400, 2932160.jpg [View same] [iqdb] [saucenao] [google]
8815719

>>8815517
>thinking your bank will report 1000 deposits
or
>nice try IRS

>> No.8815765

is there a way to turn monero into fiat?

>> No.8815774

>>8815687
It's the fiat link that's still weak. If you're earning enough, somebody will eventually notice that your inflow doesn't match what you've been reporting.

>> No.8815785

>>8815231
become non dom, unless you are a mutt, your freedom will not let avoid income tax

>> No.8815988

>>8815517
If you must convert to fiat, use localbitcoins and be careful.

Also realize that the technique mentioned in https://ethereum.stackexchange.com/questions/2699/is-there-any-ether-mixer-tumbler-available/2711#2711 can work for any coin supported by shapeshift.

ShapeShift -> Monero -> Monero -> ShapeShift

>> No.8816006

>>8815687
> Is there any way to turn monero into fiat?

https://localmonero.co/

>> No.8816020

>>8815517
Just hold the cash. The bank doesn't have to see.

>> No.8816216

If you want to avoid paying tax, you have to be rich. Tax is only for the poor and middle-class.

>> No.8816244

Is there a way to put the cash into my bank without being flagged?

>> No.8816265

>>8816020
This, why do people think you need to put it in a bank? Just buy gift cards with the cash if you want to buy shit off Amazon or whatever.

>> No.8816281

>>8816020
Let say I want to withdraw 500k to buy a house, wouldn’t the bank see this?

>> No.8816412
File: 272 KB, 953x1200, 1523065038962.jpg [View same] [iqdb] [saucenao] [google]
8816412

Come to viet nam bro tax here literally like a small piece of pies. When com to crypto there isnt any tax at all y are free to buy and sell for vnd but do not use for another purpose

>> No.8816517
File: 611 KB, 640x920, tropict.png [View same] [iqdb] [saucenao] [google]
8816517

>>8816412

>> No.8816544
File: 40 KB, 600x485, 6bb32eaebfdd1e90d45f504da78ddaa4.jpg [View same] [iqdb] [saucenao] [google]
8816544

>>8815231
How retarded are the people replying to this? You literally just told the government all of the ways you cash out. Holy crap.

>> No.8816552

>>8815231
Just be a good goy and pay your tribute to israel.

>> No.8817347

Vietnam is where its at, where they are gabbing in this incoherent language it means that nobody wants you to understand that this is a tax-free paradise. Cryptos growing in Vietnam about to scale the charts bro, seeing it from street level. All this coffee in people's veins is producing a lot of winners, you best put Vietnam on the map because its coming.

>> No.8817611
File: 881 KB, 1453x1182, usury.png [View same] [iqdb] [saucenao] [google]
8817611

>finally have tool to avoid (((taxes))) by holding it which only goes up long term
>"how do I exchange it for (((fiat)))?"
brainlet.jpg

>> No.8817622

>>8816281
Yes obviously, if you want a house you can't avoid taxes.

You'll kill yourself in 10 years when people are buying a house in Switzerland with 1 bitcent tho

>> No.8818049

>>8816244
Deposit it in small amounts spread over time.

>> No.8818063

>>8816544
They already know. However, enforcement will be very difficult now that we have crypto giving us a lot more plausible deniability.

>> No.8818069

>>8815231
Buy bitcoin cash, never cash out to fiat, profit

>> No.8818842

to all the people saying never withdraw to fiat, HOW DO YOU EXPECT TO PROFIT? Even the day you can buy a house/lambo with crypto. Theyll know you had it all along and didnt report. Off shore grand cayman account

>> No.8818899

Lmao faggots. I haven't paid income tax for 28 years.

>> No.8819007

>>8818899
i know a guy that did that. come to his place one day and took everything.

>> No.8819224

>>8819007
What if you live in your car?

>> No.8819226

>>8818842
There's a lot you can buy with crypto already. As time goes on, you should be able to buy even more things.