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.
You should be careful and know all proper laws of your country and your girlfriends country. There might be no tax in Serbia for converting it to fiat, but are you sure there are no tax when receiving payment through bitcoin? If there isn't, then just hand over your private keys of your wallet to your girlfriend and let her convert it to fiat.
But if there is, the bank might start questioning the source of income. If the amount is significantly big, they might report to the authorities without informing your girlfriend. Know your laws (and hers) before you proceed.