I'm currenty living in Norway. Here we have to pay 24 percent taxes on cryptocurrency profits, and in addition ca 1 percent each year in wealth taxes (i.e., if you own 50 BTC you have to sell 0.5 BTC each year to pay the wealth tax). Because of the tax burden I'm seriously considering moving to another country. Any suggestions?
I'm very curious how did you report income from bitcoin?
For example, in my country, I couldn't report income from cryptocurrency, only ''second income'' from abroad since cryptocurrency or internet income is not recognized by tax office
I had to pay 25 % tax on my income but couldn't report it as internet income plus I had to pay some additional contributions.