/biz/ - Business & Finance

>>9185553
>>9185553
I will eventually come back and pay my tax debts, but it's just fucking killing me right now. It's sending me broke.

Nothing shady happening here, Officer. Please be on your way. Good day.

>>9185553
How much debt are we talking?

What's going on here.

>>9185587
110k when you add the current years tax on top it's like 15k a month, and I only make $20k a month

Bottom line us.
Do you need your death faking or just a few years off the radar.

>>9185594
kek you pussy, just cut down your expenses and pay your debt

>>9185588
N-nothing sir. Just trading some good old Crypto on the darkweb. Nothing shady here.

>>9185600
just a few years

>>9185553
Good idea, were do you live? i will try to help.
the tax thing if you are getting your wages paid into will more than likely be impossible...unless you want them potentially to chase you for that also

>>9185692
basically I want to stop paying taxes for a while, and live overseas, i need to move my bank account offshore so the gummit can't just seize my shekels

>>9185553

it is quite simple OP.

Go to the country you like, have an address there. You will need to rent something.

After you have and address you can setup a phone, and then just walk to some banks ask for regular account.

Done deal.

>>9185715
i should also mention that my income comes from overseas, so my country can't do anything about that, i can just give them another ban account in any country to pay me on

>>9185553

>t. person that will never make it

>>9185735

oorrrr maybe just make a Revolut account !

>>9185553
>Thinking you can escape the eternal jew
Think again.

>>9185779

you realize 20% of loans are never paid right ?

>>9185756
This, i got my card the other day, you only get £200/m without verifying ID.
>>9185715
Are you American? cause if you are, its difficult.
If not there is only a small list of countries you can get an account with just a passport, most require proof of address. If you are in Europe, Georgia is a great option as its not apart of the EU... as an example. hop on a plane? go to Vanuatu, you can open a company over there and you do not need to file as long as the corporation was set up elsewhere....Personally i think you need to jump on the net and start to do some research....from what i understand, it is difficult to do this stuff remotely but not impossible..

>>9185865

there is no problem with the ID, just verify it.

You are not hiding, you are just doing business. The tax man can only operate in his jurisdiction.

>>9185594
>I only make $20k a month
ITT problems I would like to have

>>9185881
>The tax man can only operate in his jurisdiction.
i totally agree, but my personal view is if you have a German bank account and live in France, at the moment no one cares, if you are a resident it is generally a rule that you have to report foreign accounts.
What happens potentially in the future when the EU turns the United States of Europe, bank accounts start to get shared...the possibility is greater that 'they' will find out, possibly chase. i would prefer to avoid that. I personally am going to leave my country@ the end of this year so i can legally not pay tax....it has taken me a while to come up with a plan....

i verified my ID with the revolut, 25k a year now

>>9185994
>am going to leave my country@ the end of this year so i can legally not pay tax....it has taken me a while to come up with a plan....
teach me senpai

>>9185802
b-but then how can banks offer loans well below 20% interest rate

>>9186157

you pay in absolute terms, 3 houses not 1.03

credit cards have 19% interest. If you drag no you pay not 20% but 200%

>>9186011
First thing you need to do is to figure out the residency requirements for your current jurisdiction....As an example, if i spend more than 16 days in my country next year, i am liable for tax. Its the reason why i am still at work at the moment.....Once i have left for a year and have domicile and residency elsewhere. i can come and go as i please as long as its less than 183 days. I plan on taking up residency just so i am not domiciled in my 'home' country this will only take 6 months. once i have that i plan on traveling from place to place so i can pay zero tax.

Anyone in the EU move out of the country to reduce their tax burden?
I only have to spend three months and a day outside of the country to not get taxed here.

>>9185553
In Europe you can forget that. It's already extremely different for Europeans to open a bank account in another European country. Let alone for someone from abroad (you refuse to say where you are from but I think American)

reasons are: prevention of terrorism funding, prevention of criminal money laundering and prevention of tax evasion.

You can open a bank account in for example the cayman islands or Curaçao but those banks have requirements.. Usually it's a minimum of 20 million you need to deposit, something like that.

>>9185881
>The tax man can only operate in his jurisdiction

In Europe all jurisdictions work together to avoid tax evasion. They share information.

And as soon as you enter the airport of your home country, border patrol is waiting for you...Happens all the time.

I'm not in europe or us, im in an anglosphere country not canada or uk

>>9185594
>it's like 15k a month, and I only make $20k a month
How retarded are you actually?

>>9186332
>In Europe all jurisdictions work together to avoid tax evasion. They share information
I suspected that this would be the case now if not deffo in the future
THANKS

>>9186352
DUDE, you are going to have to look into this yourself. You can't rely on info of off others, especially if you are not willing to say were you are @

>>9186393
this

>>9186366
and there are very good reasons for that.

For example the Iranian government tried to avoid international sanctions by transferring hundreds of millions via a corrupt southern European bank (Pilatus bank)

https://www.ft.com/content/14f961b6-3281-11e8-b5bf-23cb17fd1498

and that's just one example.

>>9185553
The answer to your problems is called Moldawia

>>9186561
thanks for the link but it is asking for a subscription....
I personally an not trying to do anything illegal, i see that if i am willing to alter my life a little bit, i can improve my life. For most people it does not take a massive change and you can accomplish a near 0 tax situation, the problem is most are not willing to leave their current residence....

I am guessing you not a Mutt but have a look @ the 'grace commission' it was a commission set up to assess if more tax could be squeezed out.. the answer is NO, all the tax that gets collected goes to paying the interest on the national debt ONLY! your taxes did not build that road......I can't see it being any different in your country....

>>9186332

they also supposedly work together on immigration and terrorism

>>9186680
I think not paying back a loan intentionally is a criminal offense.

Corporations can reach near zero tax situations. For individuals that's virtually impossible. Countries or foreign banks don't even bother looking at you because they will not gain anything from you financially.

Look at it like this. A company makes 1 billion per year.

Ofcourse some shitty country will say '' be welcome and pay 1 % tax... because 1 % of one billion is still a lot''

If Mr jones comes along with 100K in assets they will say fuck off... because what is 1 % of 100K...........

>>9185553
I've had debt for a long time dude, I understand how you feel. It's not like students loans, but consumer loans and shit ie. credit cards, car. It really takes smart planning and making personal changes in your lifestyle. Let me tell, that is the hardest part for a normal person.
You should apply for whatever your country offers that is in the form of bankruptcy or debt relief to help make easier payments that don't rock over and kill you.
You can just run away from your responsibilities. You signed the paperwork stating the amount of interest and money you're borrowing. Like this is what really frustrates me about anybody on biz.
They borrow a fuckton of money and lose it all on crypto or gambling then blame the banks and try to run away.
Man up and stop being a pussy. There ARE options, Unless you owe the mafia or your country of choice, you shouldn't have to worry so much as I'm sure they can work with you. Hell you might even land a job as a sex slave, better than posting on biz all day,

>>9186827
>then blame the banks and try to run away.
Don't forget blaming the Jews; always blame the Jews

>>9186210
You realize you will pay taxes where you take up residence right. And that perpetual traveler thing is not really legit... What is your home country?

>>9187757
of course i will be paying up till i leave. it is legit, do some research, i am not a mutt.... I am in the UK atm, i can make it work. i will get a residence/domicile outside of the EU first.

>>9187757
oh sry miss read that slightly, The place that i going to get residency does not tax foreign income....

>>9187859
Sure but then your residence would have to be in a no tax country though. And keep in mind a lot of services won't work outside Eu and US (coinbase, revolut etc).
It really is harder than it seems

>>9187883
Oh I see, wanna share whch one? Philippines, malaysia, panama?

>>9185553
I'd recommend sweden. Taxes are sky high but you don't really have to pay them because our IRS sucks.

>>9187925
Yeah... don't go to sweden op

>>9187893
Thanks for your opinion, but its not that hard, never have used coinbase...you know that is not the only option right?
On the revolut, have you looked into it? i already have my card, it is designed to travel with.
I think you need to look into these things a bit more....its only hard cause you don't understand, problems have solutions. Am i making my life more difficult, yes
is it worth it, i think so

>>9187925
fuck that not going to sweden...

>>9187906
Georgia is my current favorite

>>9186820

stinking banker detected

we are on to you fuckers

>>9187954
>>9187979
The only reason I'm saying this is because I am currently doing it myself. Yeah, revolut for example does not work in Georgia or any of the other countries I listed before. Most crypto exchanges don't either (this is if you have your official residence in these countries)
If you are doing this because of crypto you need to check out how they will tax this (might not fall under the foreign earned exclusion)
Finally check with UK what they require from you to declare non-residence (maybe a tax certificate from new country? Does Georgia even issue these)

>>9185553
>get another loan
>put it all on chainlink
>???????
>profit
only way to payback your debt, do it now

>>9187939
Isn't Sweden like one of the largest femnations on earth? Literally ran by woman for woman and embodying feminist ideals like deceitful appearance and rotten core to the point people just can't stand living there anymore.

>>9188038
revolut workin in the below ATM, they are going to make the platform global, its is still quite new. A good few crypto debt cards should be available in the next few years.

Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom.

I will be opening a off shore company and most of my payments will go out through that. Vanuatu is my current favorite. It won't be my only one either, just my first. Localbitcoins transfers to international accounts
Hong Kong + Singapore have BTC OTC with ID....
I have looked into the residency requirements, i can't be in the country for more than 16 days next year. I will obviously inform the UK of my new status once i have obtained it.

>>9186820
>I think not paying back a loan intentionally is a criminal offense.
You can't take a mans shirt if he doesn't own one

>>9186393
> Anglosphere
> Says he's not US, Canada or the UK

>>9188245
Australia/New Zealand most likely. what you expect me to do his detective work?

>>9188233
Good luck, just saying it is easier in your head than in reality, at least for me it was.
So offshore company in Vanuatu and company accounts in HK and SG, is that what you would suggest?