Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Ah yes I forgot about that one. Although their debt is so huge and they might become a state then who knows.
Dude, we have a $750k capital gains personal exemption here in Canada....use it.
I'm going to move to New Zealand (from Australia) for a year when I sell mine. Fuck giving 45% of my BTC to the government.
If anyone wants to throw out a good tax strategy for an American, I'm all ears. I'm dreading having to pay on my BTC profits.
There isn't one. You either cheat or pay. Oh and moving won't help you. Americans are taxed on their worldwide income and you can't give up citizenship for tax reasons. You have to pay an exit tax on your entire holdings.
Wrong!
Live in Puerto Rico for 183 days out of the year and you do not pay captial gains tax, OR federal income tax.
We see another month like November and I'll be moving there.
Wasn't that a one time
Capital Gains.
god damn it, i should of never sold anything
i need to learn how to hide my Capital Gains, should i dump it in BTC?
god damn it, i should of never sold anything
i need to learn how to hide my Capital Gains, should i dump it in BTC?
Dude, we have a $750k capital gains personal exemption here in Canada....use it.
I'm going to move to New Zealand (from Australia) for a year when I sell mine. Fuck giving 45% of my BTC to the government.
If anyone wants to throw out a good tax strategy for an American, I'm all ears. I'm dreading having to pay on my BTC profits.
Wrong!
Live in Puerto Rico for 183 days out of the year and you do not pay captial gains tax, OR federal income tax.
We see another month like November and I'll be moving there.
No. See KPMG guidance above.