Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Roger Ver on Tucker Carlson
by
NotFuzzyWarm
on 11/12/2024, 02:48:07 UTC
⭐ Merited by ABCbits (1)
Quote
If Ver renounced his US citizenship only in 2014 and yet he accumulated his vast wealth in Bitcoin years earlier as a US citizen without paying taxes, is he not liable for tax evasion?
Per US tax codes he IS liable for tax evasion. When renouncing his US citizenship he also owes an 'exit tax' (several other countries have the same thing) and even more to the point - he is liable per the tax codes as they were during the years in question. Just because the codes have changed since then make no difference tho Ver is insisting it's 'not fair' because penalties for some things were lowered since then.