Post
Topic
Board Service Discussion
Re: [EU TAXMAN] Does Bitstamp notify EU/my countrys TAX AUTHORITY about my BTCs? KYC
by
meanig
on 05/03/2014, 00:13:27 UTC
Hi there,

Bitstamp have been all bitchy about KYC questionaires etc lately aswell has implenting the mandatory verification process not a long time ago. Maybe it's just pressure from banks.
But what happens with this information?

1) Does Bitstamp send the statistics/cashflow information of my account to the tax authorities in my country (EU)?
If yes, what sums $$?

2) I was wondering if it's 100% safe to request an withdraw to a bank located in Hong Kong, without being exposed by Bitstamp to the taxman where I live.

I know Bitstamp is not a bank but they almost act like one. Need to be 100% sure on this.

Hope you guys can help me out!
Thanks in advance

ps. I will never go near BTC-E, don't even suggest it Wink

What kind of KYC questionnaires do they have?