Post
Topic
Board Service Discussion
Corporate Accounts to receive mining profits ?
by
mcptrman
on 14/04/2018, 16:35:24 UTC
We want to open a corporate account so we can pay our U.S. Taxes.

I have a small crypto mining business with my brother, which we just recently
incorporated in U.S.

Since this is a joint venture, we cannot claim the proceeds from mining on any individual
account. We needed to create a separate account for our business,
which we want to link to our corporate bank account. From this account we will be able to
purchase more equipment in the future and keep our tax liabilities in the corporate account
where it belongs and pay our taxes.

Why are we having such a hard time setting up a corporate account to withdraw mining proceeds.

We have applications in with Coinbas(GDAX), Gemini, Uphold, Abra, Bitpay and I probably have left off a few.

Is anyone else having this issue or suggestions ? ? ?

TIA,
Ed, aka-mcptrman