Post
Topic
Board Legal
Re: 0% tax when cashing out crypto
by
freigeist
on 18/12/2018, 16:04:45 UTC
Hi all,

Received the test amount to my bank account yesterday. Got a phone call today from the AML KYC department of the bank as expected (they always call me whenever I receive a wire above their €2000 threshold), and asked me to declare source of funds as they always do. I have declared that it is rent received for immovable property located in the UAE. They thanked me and this is all I had to do regarding this transaction. Once again this was important for me to be done with by 31st of December, to make this an event still in this tax year.

Very nice.

You think they will buy it?
Was this money sent(wired) from a crypo exchange bank account to your bank account?

What now?
Do you need to fill some other tax forms and send to your tax office or wait for their call
or there is nothing for you to do now regarding this?

Thanks.