Quote from: figmentofmyass on Today at 12:42:40 AM

Quote from: Couttouw on January 04, 2021, 10:02:26 PM

Hi Everyone, I recently collected some crypto profits and would like to transfer them to my Belgian bank account (I am also Belgian).
But that means that I have to hand over 33% to the tax authorities.

My girlfriend is Serbian and has a Serbian bank account.
After some research, I discovered that crypto profits in Serbia are not taxed at all.

Is it legal to send my crypto to my girlfriend's wallet, she transfers the amount to her Serbian account and then to her Belgian account?

It seems like a waterproof system, but I am really not entirely sure.

Thanks for helping me with this.

to clarify, the money is all held in BTC/crypto which is in your possession? it's not sitting in a KYC-verified exchange account or something? and i take it your girlfriend is a belgian resident?

here's the main issue: as a belgian resident, she would technically be on the hook for income tax too. it doesn't matter what her citizenship is. https://en.wikipedia.org/wiki/Taxation_in_Belgium

so you're basically just hoping that between her bank and the belgian tax authority, that no one catches wind of all this cash flowing into her bank account. if they ever come asking questions, she won't have a legitimate reason for not reporting/paying the taxes owed.

the amount of money in question makes a difference i'm sure, in terms of the risks involved.

Thank you for your reply, the crypto is in my possession and I would transfer it to my girlfriends wallet.
My girlfriend is only a Serbian resident, she is about to move to Belgium and will have a Belgian bank account in several months.

She would actually send her legally earned money from her Serbian account to her Belgian bank account