[ 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

File: 66 KB, 768x511, tax free clink free.jpg [View same] [iqdb] [saucenao] [google]

13707038

Anonymous Sat May 18 06:51:34 2019 No.13707038 [Reply] [Original]

How do you not pay taxes on crypto earnings without getting caught?

>>	Anonymous Sat May 18 06:54:52 2019 No.13707065 >>13707038 Cash out in small amounts slowly over time. I got a bitpay debit card, loaded it with bitcoin, and then used it to buy shit at the store and I'd always get max cash back. Then I'd go deposit the cash in my bank account.

>>	Anonymous Sat May 18 06:57:04 2019 No.13707078 >earnings

>>	Anonymous Sat May 18 06:58:49 2019 No.13707092 >>13707065 bitpay has your social security number you can buy PM from apmex and provident in amounts under 10k that isn't reported

>>	Anonymous Sat May 18 06:59:42 2019 No.13707100 File: 208 KB, 500x500, 1522429913852.jpg [View same] [iqdb] [saucenao] [google] You cant

>>	Anonymous Sat May 18 07:21:44 2019 No.13707238 File: 270 KB, 1200x800, blockthestream.png [View same] [iqdb] [saucenao] [google] By buying high and selling low.

>>	Anonymous Sat May 18 07:49:56 2019 No.13707405 By not being a mutt. Not having/trading any crypto also helps.

>>	Anonymous Sat May 18 08:37:08 2019 No.13707676 >>13707038 dont live in america

>>	Anonymous Sat May 18 08:43:52 2019 No.13707738 If I'm in Europe, can I just go to an European country that has no tax, cash out and come back to my European country?

>>	Anonymous Sat May 18 08:48:38 2019 No.13707782 Get that Bitcoin debit card that linked to your wallet. There are Bitcoin ATMs that will trade in bitcoins for fiat. I saw several of these ATMs throughout south East Asia. I know there is one in bangkok for sure

>>	Anonymous Sat May 18 08:51:27 2019 No.13707801 >>13707738 Yes, it's that easy.

>>	Anonymous Sat May 18 08:52:56 2019 No.13707819 Open website, sell ebook written by yourself, put crypto/monero as payment, cash out under a business, declare some expenses and pay nothing in taxes

>>	Anonymous Sat May 18 09:08:55 2019 No.13707951 >>13707801 Nice, burgers BTFO!

>>	Anonymous Sat May 18 09:30:20 2019 No.13708089 >>13707092 Thats called layering and can still get you booked by the alphabet boys.

>>	Anonymous Sat May 18 09:49:29 2019 No.13708254 Local bitcoins?

>>	Anonymous Sat May 18 09:58:14 2019 No.13708328 >>13707038 Step1) dont post on this board about it t. IRS employee

>>	Anonymous Sat May 18 10:16:53 2019 No.13708502 the best thing to do op is move to a tax free country for a year and cash out there. its legal and if your making so much off crypto to willing to go to prison for tax evasion then that sounds like a better idea

>>	Anonymous Sat May 18 10:17:45 2019 No.13708515 go find a local buyer