Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Friendly countries
by
makolz26
on 18/01/2018, 11:40:41 UTC
Singapore.    As an added bonus, no capital gains tax, no inheritance tax, and no income tax on interest income.   So your crypto profits that are converted to fiat and put into fixed deposit accounts (or whatever you like), all of the interest income is tax free.    Kind of a boring place to live though, but the perfect place to use as a piggy bank.  

Oh my lord.. is this for real? If this truly is legitimate, Singaporeans really are very lucky! Imagine no tax for all these things! Whereas here in my country, tax is killing us! Bloodyhell. I wish i was a Singaporean.

Why do you think it is a boring place to live? From all the pictures amd videos i see, i think singapore is a beautiful place. And very entertaining place to live in.
Well, a lot of countries were just relying on tax, but the worst thing is that they are putting the burden even to the poor people, but we are all glad now we do have a tax reform incurred in our country, as a matter of fact a lot of ordinary people were now tax exempt and can enjoy their salary as a whole.