Post
Topic
Board Legal
Re: Should I worry about my tax report?
by
jrrsparkles
on 07/09/2019, 07:13:56 UTC
Should I report this as my asset? Or should I just ignore it?

I think it has to be according to the tax law of your domicile.
If you don't report your asset, would it be treated as tax evasion?

That is the question that you would ask yourself.
In many countries there is no actual jail punishment for the tax evasion that is why people are not serious when it comes to tax payment because they know that they can pay the penalty amount to the government if the find,and for the people like doing it with few thousand dollars then chances of getting by them is very low.