Post
Topic
Board Legal
Re: European crypto tax laws
by
teosanru
on 28/05/2021, 20:18:19 UTC
From my research it looks like Portugal, Switzerland, and Germany have decent crypto tax laws.

https://bitvalex.com/article/the-best-european-crypto-tax-guide
https://www.bitrates.com/news/p/bitcoin-betting-and-crypto-taxation-in-the-eu-and-around-the-world
https://decrypt.co/43513/10-countries-that-dont-tax-bitcoin-gains

But if one is a citizen of a country that wants to tax you no matter where (e.g. US), you still have to pay taxes? Anyone has successfully and legitimately moved elsewhere and reduced taxes?
I don't know about a lot of countries but if you have earned your income in that country or through a business that had its ownership in that country you'll be taxed no matter where you go even if you are receiving it anywhere around the globe. But in the case of bitcoin finding the source of that income becomes really difficult in fact it's too debatable. Most of the countries work this way: If you leave the country for taking up employment elsewhere and you have lived in that country for less than half a year you are considered a non-resident. So whatever you would earn after leaving the country in that very year wouldn't be taxable. However, the incomes you earned during the tenure you were in the country would still be taxable.