Post
Topic
Board Legal
Re: Best way to cash out bitcoins and end up with USD
by
coolcoinz
on 02/01/2017, 03:00:33 UTC
i don't there is the expression "least amount of taxes" unless you want to evade, if you want to remain regulated you will pay your % of taxes on the amount that is in play

any exchange will do the job here, or just use localbitcoin

Tax evasion is illegal. Tax avoidance/tax planning is not.
The OP is looking to minimize taxes - nothing wrong with that.

Precisely. Anyone have the best strategy? Traveling somewhere a good idea?

You mean to exchange coins abroad and bring back cash? You would still have to report the cash at customs. The only way this would work is if you exchanged it abroad and spent it all before going back home.
When you don't want to pay taxes, but need to turn coins to fiat, it's best to find someone who will pay you in cash. Just be safe and don't get robbed.