Quote from: Murloc on February 04, 2018, 01:43:21 AM

You guys have insane taxes. It seem so easy to grab such a bit piece of a pie. Tax department just need to send you an "invoice" for the % of amount recieved from crypto related services (exchanges etc.). That literaly looks like a free money even if you will accept the fact that the bigest part of crypto transactions (mostly small ones) will dodge the taxation.

At this moment no one will pay that 45% tax, that's insane. Hacienda (Tax Department) is not looking at the crypto world, but if crypto market cap rises more, you can be 95% sure they'll start collecting as much taxes as possible

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P.S. How are they tracking the tokens you recieve (to make you pay 45%)? To withdraw the token money you should exchange them to BTC / ETH anyway.

Easy. If you buy 5btc and then sell 9btc, they'll start investigating you because 4btc appeared out of nothing.
If you bought 5btc at 500=1btc and then sell 9btc at 50000=1btc, then you should pay in taxes
Initial Investment: 2500
Withdraw: 450k

First 6000 at 19% tax: 1140
From 6001 to 50k at 21% tax: 3780
Greater than 50k at 23% tax: 46k
4btc extra (earned LEGALLY from bounties) sold for 200k at 45% tax: 90k
Total: 140,920

Anyways crypto space is not regulated yet, so there may be different interpretations. I'm just trying to give the worst case scenario (to avoid "sadness" later)

But if you bought 5btc and then sell 5btc or less (or even 5.2btc...) they will not ask you anything and you'll pay 19-23% (unless you go offshore to pay 0%, but that's not common)