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5130066 No.5130066 [Reply] [Original]

What the fuck is this bullshit, why can't I just give them 33% of my cashing out sum?

>> No.5130108

Is that not what they're asking? Or is uncle yosimite sam an even bigger cunt?

>> No.5130139

>>5130108
They're asking me to track and declare tax for every single transaction that I make a profit off - I don't know if I have all that info nor do I want to sift through it.

>> No.5130164

I'm an idiot, didn't read it all. Another reason not to live in europe. Sorry dude.

>> No.5130181
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5130181

I THOUGHT WE WERE SUPPOSED TO BE A TAX HAVEN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.5130185

Same deal in oz mate

>> No.5130189

>>5130139
You're fucking going to prison.

>> No.5130204

>>5130066
Can you deduct capital losses?

>> No.5130214

That is the same thing in the US, you need to pay taxes on every trade.

>> No.5130239
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5130239

The best advice I can offer is pic related

>> No.5130250

>>5130204
yes the likelihood of them auditing everyone who declares a loss on crypto is 99%

>> No.5130266

This is why I'm just gonna not pay a cent.

>> No.5130269

>>5130204
I can deduct crypto losses I made yes, but my gains vastly outweigh my loses.

>> No.5130301

>>5130266
Then how do you cash out without alerting Mr.Noseberg? AAAAA THE MEME IS REAL

>> No.5130321

>>5130066
What? I'm irish too. As far as I'm aware, we don't pay tax on the equivalent we put in plus 1300. Then its CGT. What is this?

>> No.5130351
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5130351

>>5130204
In Germany and Austria, yes.
If you bought 3 BTC at $20,000 and then, when it's at $21,000, sell those bitcoin to buy Litecoin, then you made $3000 gains and declare it.

If bitcoin went down in $ price, you'd have a loss and can subtract it from your gains to be declared.

>>5130139
On exchanges like Bittrex of Kraken, you can download all your trades in .csv format and you can download all closing prices form coinmarketcap.

>> No.5130393

>>5130139
>>5130181
>>5130185
>>5130189
>>5130214
>>5130239
>>5130250

Goys, this is getting stupid. I'm proposing we all move to south America and buy a neighborhood in Bogotá.

Their law enforcement is so appalling that we'll need to hire our own thugs to keep our district safe, and we can have our own pubs that allow smoking inside and tax free booze. This is already happening there, certain areas have private security forces which is the basis of a state.

Venezuela is too crazy at the moment but it could be an option to buy up some land on the Caribbean coast near Aruba so we can bug out to Dutch Aruba in a pinch and do whatever we want without the pesky gubberment trying to put their fingers in our butt holes.

>> No.5130429

>>5130321
You don't pay tax on your first €1,300 profit. Everything after that is 33%.
http://www.thejournal.ie/readme/cryptocurrencies-lack-of-regulation-means-investors-can-make-a-lot-of-money-fast-3470179-Jul2017/
>>5130351
I should do that
>>5130393
Is it possible to do citizenship marriages in South America. Completely serious.

>> No.5130508

>>5130429
>You don't pay tax on your first €1,300 profit. Everything after that is 33%.
What if you send €1300 worth of coins to family or friends you trust and get them to cash it out and gift it to you

>> No.5130516

>>5130066
Just put into Monero, then back to BTC and declare you bought monero at like $40 or something. Nobody can prove anything. Ez.

>> No.5130578

>>5130508
Could work. You'd need each to open an account. When I cash out though I think I'll have run out of family members to do this with though kek.
This guy has the right idea:
>"lol everyone knows you just hide everything and pay as little tax as possible, act ignorant when caught. Get a slap on the wrist and you’ll only pay what you owed in the first place. Bankers and developers know only the middle class schmuks have to pay taxes. Ireland, what a great little country to do business in."
>>5130516
Does this really work? Surely it's not that easy?

>> No.5130663

>>5130429
AH ok then. That's what I thought. I put in a couple grand. I'm way up now, but I'm still within my initial buy in + 1300.

Jesus I might just never cash out.

>> No.5130688

>>5130578
It actually is. Monero is completely untraceable. Only issue that could happen is if you use coinbase or something then your goverment could request your transaction details of BTC/ETH and see what you had and when, but I doubt it.

>> No.5130725

>>5130663
That's the thing, I can just imagine it now:
>Finally make it in crypto
>Decide to cash out
>Pay my good goy tax
>Banks and fiat implode
>Currencies tank
>BTC reaches 1,000,000

>> No.5130737

>>5130429
In Bolivia you can get residency for about $500 USD, this is 5 year old info tho. Chile will be stricter and the women are pretty horrible in Chile desu.

Argentina is ok for just living and renting, but do not buy property there. They have an absolute nightmare government that's known to claw back titles off non Argentine residents.

I'm Australian so cbf with Brazil cos they make me apply for a visa if I want to go there, so border hopping to renew a Visa is a fucking headache.

Ecuador is probably fairly easy too but it's extremely dangerous for muggings there, I can elaborate if anyone is interested.

Colombia is fun and has a good culture that's easy for whites to spot into, be careful in Cali and Medellin as they're a bit blacked and dodgy because of it. Bogotá is the best Colombian city imo.

Panama sucks, Costa Rica is too expensive and central America is just a big.. low tier, I'd go to Cambodia over central America if you like backwards countries.

I think Venezuela will be /ourcountry/ if.. and only if their Commie faggot gubberment just accepts the fact that they're finished and deregulates everything. Only problem is they have a violent culture and kidnapping etc is rife but this could change as prosperity arrives via stable currency.

Guyana, Suriname and french Guyana could be worth considering too but I know nothing about them.

Burma also could be a total winner if it's like Thailand minus the bullshit. We can definitely form some kinda bizlandia but we'll need a host nation that we can have stability in.

Generally speaking immigration to south American nations is very easy for us

>> No.5130760

>>5130139
But anon, you received your current crypto holdings from a friend a few years ago, you havent traded for profit, and you are now just cashing out after having moved it to a new wallet and perhaps through monero, right? Or was that another, smarter anon?

>> No.5130808

>>5130737
>Not moving to St Kitts & Nevis

>> No.5130860

What's the deal in New Zealand? Likely moving there next year so I could wait to cash out any profit until then

>> No.5130875

Gotta fund all those mama merkel race replacements with your tax dollars hehe *hand rubbing intensifies*

>> No.5131086

>>5130737
Please do elaborate on all this. Really appreciate the info.
>>5130760
I was thinking this happened to me yes
>>5130875
Our government are basically ginger jews.

>> No.5131122
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5131122

>>5130808
Good luck protecting your drinks from the monkeys there..

Anyone thinking along these bug out terms should check out Neil Strauss's book 'emergency' (rules of the game author)

>St Kitts citizenship allows visa free travel to most countries, you get citizenship by buying a house there and holding it. If you're worth over 1 mil might be worth checking out

>> No.5131504

>>5131086
No worries :)

Ecuador is very dangerous is Quito and the other main city Guayaquil, I'm not 100% sure why. But, the main risk I encountered was taking buses between cities, they buses were terrible because it costs $1 usd per hour to travel on them.

Dodgy cunts spend all day riding the bus and stealing things from people's bags, my ex and I had our bags that were under our seats opened and the expensive stuff taken out whilst we were awake and staring out the window!

I'm not an oblivious or unaware person either, I spent 1.5 years in South America and I've never been mugged. These bus robbers are next fucking level, but only in Ecuador, in Peru etc bus travel is safe.

Colombia in my opinion is the best place to bail to at the moment if you don't mind tropical weather and you can control yourself around $5 per gram cocaine that's actually really good if you have a reliable dealer.

The weed was also very good if I shopped around, they have land race (native and un molested) strains of weed growing naturally in the hills. The chicks are feminine and they hunt out rich white men that they want, be warned though they're as addictive and dangerous as cocaine.

I'm personally very bullish on Venezuela because they're at rock bottom now economically and their only option is cryptos so we could see no ID required btc exchanges popping up there soon.

I won't step foot in Venezuela until they get their crime under control, I'll say they'll be the stand out performers of the south American Bloc in 5+ years due to libertarian economic models being forced into the market because there's no ability to enforce socialist regulations.

I'll predict that the police force there will soon answer to the btc miners and exchanges as a semi private militia if the gov can't pay the police more than the new crypto lords popping up.

It could get really interesting there because having a stable and safe province will only cost whatever a mercenary army charges.

>> No.5131670

>>5130066
this thread is filled with supercucks
you realise exchanges DO NOT give information to irs or tax authorities right. You could literally print out you made a couple trades and they would have ZERO way to verify that information. Especially if you put it into a decentrilization exchange

youre all cucks

>> No.5131947

>>5131670
You think the exchanges are going to protect you under any and all circumstances because.. reasons?

You're not appreciating how much of chimp out tantrum the govs will throw soon. If this continues, socialism/regulations/welfare are finished. This won't be allowed to occur, look at the effort western govs have put in to keep housing prices up. They've subsidised, shovelled in immigrants, given tax breaks and printed money just to keep that going.

Black mailing exchanges for data is not a stretch, and the gov isn't going to accept 'i lost it on chain link' as an excuse.

>> No.5132040

>>5131504
For Colombia, I heard it was very dangerous because the drug cartels were located their primarily. Is this over / at a different country? Or just burgerland propaganda?

>> No.5132170

>>5131947
let's say you mined a lot of btc in 2009 as a kid, and now you want to cash them out? what are they gonna do? they will say no to a simple 20% juicy tax money? I assure you there will be plenty of countries more than happy to welcome your gains for tax

>> No.5132215

https://discord.gg/BRG8duN
its the money or the moolah
your pick

>> No.5132247

>>5132040
Last time I was there it'd cleaned up a lot, the cartels don't want anything to do with us goyim so the biggest risk is getting knifed in the street or kidnapped by a taxi driver.

That's the same risk across all of South America including Argentina and Chile. Another big problem I saw was foreign people not respecting what a lack of law enforcement actually looks like.

If you get robbed, the cops won't investigate or help, you need to take care of yourself and not rely on the state at all. South East Asia (Cambodia, Laos, Thailand especially) are far more forgiving countries in regards to personal risk. Culturally they're not inclined to be as violent - they'll scam you in other non violent ways.

>> No.5132389
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5132389

>>5130139
>made some gains so cash a bit out to pay the tax
>that transaction was also profit so cash out some more to pay the tax on that
>that transaction was also profit so cash out some more to pay the tax on that
>that transaction was also profit so cash out some more to pay the tax on that
>that transaction was also profit so cash out some more to pay the tax on that
>that transaction was also profit so cash out some more to pay the tax on that

>> No.5132422

>>5130181
>TAX HAVEN
burger here I was thinking about starting a hedge fund structure in Ireland but I guess I'll switch to considering Malta instead.

>> No.5132455

>>5132422
integer confirms. Malta structure it is.

>> No.5132478

>>5132455
I'm starting a hedge fund in Malta!

>> No.5132481
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5132481

>>5132422
>>5132455

>> No.5132491

Appreciate all the info guys
>>5132422
Just grease a few of our TD's hands (semi-srs). Ireland is run on whispers in ears.

>> No.5132494

>>5132170
Hmm.. if that was me, I'd avoid anything that'll get you flagged in the process of 'doing the right thing' and using any service that'll leave an audit trail.

I'd go local coins and then buy gold/silver coins with a face/minted value of $1

>If you have a 1oz gold coin with a minted face value of 1 cad, when crossing borders that coin is valued at it's face value, not it's metal value.

Honestly I'm thinking gold silver and Platinum will be the easiest way to safely hold value outside of cryptos. If.. you have pawn shops and other small gold buyers near you. This only really applies to the high net worth people who should be especially careful, I'm not worth much and I have a Fiat job so I'm not overly concerned but I imagine there's some seriously rich people on here who should be thinking about this stuff now before things get too crazy.

As I write this I suddenly remember a bunch of youtub videos I've seen claiming most gold in circulation is fake. I'm not entirely convinced of that, but mo money, mo problems. Poorfags ftw.

>> No.5132496

Hold the fuck up...
All I see is Irishcoin shill

>> No.5132500

>>5131504
>>5130737
n-nomad capitalist?

>> No.5132549

>>5131504
Are many Southern Americans fluent in English? I would guess the upper-class and politicians are, regular citizens not so much? Is this true?

>> No.5132890

>>5132500
I wish, I just saved all my Fiat whilst I worked full time in my 20s and then I'd take as much time off as I could to go and travel. My mate works online as a IT guy, he's been in and out of Europe and south America for years and easily the most successful person I know (imo, I don't consider 9-5 wage cucks in suits successful)

>>5132549
Yeah that's pretty much it, most normies there only speak Spanish, but it's fairly easy to learn. I'd recommend 1 week of 3 hours per day private lessons to get the basics like numbers, foods and colours as well as the basis structure of the language.

Then you just get drunk (for confidence) and suddenly you're babbling in borat tier Spanish to some hot chick at a bar and it all goes from there. The local gf and private lessons model is the fastest path to successfully learning Spanish.

>> No.5133082

>>5132496
>Irishcoin
>Volume: 32$
You got me