Hi all,
With ever increasing BTC prices, where can BTC holders move to minimize taxes? I'm confused by many of the tax laws that I'm reading about. It seems like clear rules have yet to emerge in many countries. Some countries have a wealth tax, which means that you must sell a certain amount of your BTC every year, which is regrettable. I think one should try to avoid these countries at least. But other than that, it is only the capital gains tax that is relevant?
Edit: Maybe this thread suits better in the Bitcoin Discussion section?
There are many countries nowadays were bitcoin was regulated like in Japan, India, Europe, Australia, Canada and others. Those nations they've already established a bitcoin users to their places.