Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JohnnyUranus
on 21/02/2020, 12:47:15 UTC
Quote from: Ibian on February 21, 2020, 04:20:20 AM
Quote from: infofront on February 21, 2020, 04:05:30 AM
Quote from: Ibian on February 21, 2020, 01:39:59 AM
Quote from: bitserve on February 21, 2020, 01:37:44 AM
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.
Yeah, I'm actually looking into moving permanently somewhere else. It won't be an asian country, they are just too different. Either eastern europe, which I'm in the process of exploring, or failing that south america.

The real bitch of a problem in all this is to find a place where people speak proper english.