Post
Topic
Board Service Discussion
Re: BitMarket.Eu has closed down. A new secure site Bitalo.com is coming soon.
by
galaxy07
on 11/02/2014, 14:04:26 UTC
Unfortunately doing some consultations it seems that to continue receiving money from Bitalo and thus sending next refunds I will need to set up a legal entity that will handle that. Failing to do so and just sending money "over the counter" could ultimately lead to tax office noticing it and me ending up in trouble, which also would mean no further payouts, which we all don't want. I already sent ~40000 EUR worth of payouts, which is probably already too much if I'll get on polish IRS's crosshair.

I'm currently in process in setting up a small private company that will handle that. Guys from Bitalo are very helpful in that manner and I hope that in next few weeks this process will be completed. The payout process will then be resumed. Until then I'm sorry, but I cannot send any more refunds. I will update everyone as soon as this is resolved.

Martin, can you please comment on the current refund state? Thanks.