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Re: Withdrawing 40,000EUR..
by
YoYa
on 13/02/2017, 23:31:31 UTC
This is it , all my bitcoins are sold and all money in n26.com , i have debit card from them, and withdraws will start soon. card is issued in Germany, i live in Latvia

The thing is that i don't want to send all the money to Latvian bank account because i will have to pay tax, (income tax) (declaration) ........

But what will happen when i withdrawing from Latvian bank ATM , ~3000EUR, every singe day. What ATM can "see" ?? can Latvian bank get my identity trough other country issued debit card ?

How to hide that amount of money from Latvian tax ?

Hello,

You should have sold your bitcoins for cash or ordered anonymous bitcoin atm cards, this way you would have been 100% safe from taxes. However,  chances are pretty slim that they will find out about your money in a offshore bank if you withdrawel by atm only. Long as you dont get arrested with the germany card and they enquire the bank.