Post
Topic
Board Speculation
Re: Long term advance notice!
by
hv_
on 27/08/2019, 12:24:08 UTC

Some serious tax payments to be made

40% tax, on amount in USD at settlement.

By the time you sell the BTC, and pay the taxes .... then?!  How much will be left ?!!??!   Shocked

Just ask for 1 year notice to pay the tax, you will have to sell less BTC ;-)

The problem is rather, once the tax bill is calculated, it does not account for the market price any more -  I'd not buy such a risk, and not for Long term at all