holy sh*t... I'm actually reconsidering the whole idea, as I just learned our fascist government is going to apply a 20% tax for incoming wire transfers from foreign accounts
that's not but a fiscal robbery, probably the kind of thing they invented BTCs for
Which country are you refering to?
It's Italy http://www.zerohedge.com/news/2014-02-16/money-launderer-until-proven-innocent-italy-imposes-20-tax-withholding-all-inbound-m
and it's essentially a EU pilot test program. You can expect to this throughout all fascist union member countries within six months.
well, good catch... I was feeling too ashamed to tell it myself
Is SEPA transfer considered a wire transfer? Maybe the tax is only applicable to inbound transfers coming form countries outise EU
The decree generically mentions wire transfers "from abroad". The European Commission is investigating on the restraint though, to ensure it is not contrary to Community law on non-discrimination and free movement of capital