Quote from: HeRetiK on January 10, 2018, 08:29:30 PM

You're welcome.

Make sure to get some professional advice as well (or at least to do some further research), as I can only speak as someone living in the EU and not as an expert.

Also I wouldn't be surprised if we see changes regarding Bitcoin taxation in the next 2-3 years. It's still a fairly new matter and classifications may change, so keep an eye out for that.

Yeah, I will have to. Maybe when I move out of the country I'll go seek info from professionals--now is too early. The US is incredibly slow at figuring things out and issuing information--I have no faith in the system.

Quote from: thomasjonestaxman on January 10, 2018, 10:44:16 PM

www.sweeneyconrad.com

www.linkedin.com/in/thomasjonestaxman

Citizenship planning is probably better suited for an expat attorney, but taxes certainly is our specialty.

I see. Question, then: does this mean I should look for an expat attorney when it comes to filing the renunciation taxes, too, or can that be done with your firm? Is that even necessary to do in general? What is the IRS going to do if you don't? They don't even have the man-power to come after people, and if you change your nationality with a modification to your name, how are they going to find out? Also, what if you renounce and don't make them aware of your cryptocurrency holdings? Not like they can figure out which wallet is yours if you don't willingly come forward, eh?