The bitcoin tax discussion is very relevant, and as bitserve says, probably not long before it becomes widespread. A few merits are due - I'll use the special ones, since the boring ones are hard to come by right now.
heads up seed
+1
Da fuck! What country are you in?!?? Never saw capital gains taxed so fucking high. That percentage is ridiculous even for regular salary income FFS!
50% income tax, give or take depending. 25% sales tax. Hidden taxes on everytyhing, not sure how much but not less than 50%. In total, 80-90% taxation.
Which is why there is no fucking way I will get off with ONLY 20% when they get around to bitcoin. States always want More.
Denmark, by the way.
discussion germinated
+1
Da fuck! What country are you in?!?? Never saw capital gains taxed so fucking high. That percentage is ridiculous even for regular salary income FFS!
50% income tax, give or take depending. 25% sales tax. Hidden taxes on everytyhing, not sure how much but not less than 50%. In total, 80-90% taxation.
Which is why there is no fucking way I will get off with ONLY 20% when they get around to bitcoin. States always want More.
Denmark, by the way.
From what I understand, most European countries have taxation based on country of residency. So, you should be able to get residency in 0% country, like Malaysia or Panama, stay there for a year, dump your bitcoins, then move back. All 100% legal and tax free.
this won't help bitserve much, though.
+1