Hi I won 7 figures on soccer betting over the last few months and withdrew the crypto to my cold wallet, how can I sell this crypto and avoid paying taxes?
There is no other way than selling the coin to individuals, but this method is not safe and takes a lot of time with a nominal amount reaching 7 digits.
Its better to just follow the rules so you dont get into unexpected problems in the future.
I thought the tax to be paid will be deducted by the gambling site or am I wrong?
- snip -
Any government has never collected any taxes to the user through crypto casinos and I dont think its possible either because online casino customers come from all over the world.