Post
Topic
Board Legal
Re: The best countries tax wise for Bitcoin
by
Obito
on 16/02/2022, 14:05:28 UTC
~snip

So you're just avoiding taxes, which could land you in trouble unlike in the countries mentioned above where you can do this legally!
It's a yes and a no, in the eyes of the law, we are poor and minimum wage earners, they don't investigate you even if you buy stuff with crypto, they're too corrupt for their own good so us people that fade in the background get away with it. And the taxes for most Filipinos are already paid when we buy our products and we have a high income rate that considers you as tax exempted anyways.