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when talking about bitcoin profit taxes, which is usually paid by private people, not companies, it might be better to look for a country where there is no tax on bitcoin profits at all.
I heard Denmark has no tax on it and Netherlands only 5%.
But I can not confirm this, only rumors.
Regarding Denmark; there is taxation, although it is often misrepresented in (danish) media.
The misunderstand is coursed by a answer from the TAX authorities regarding a firm receiving payment in bitcoin. The treasury did not see Bitcoin as a form of currency, and would therefore not tax the transactions.
HOWEVER, this changes a lot if you buy or trade bitcoins as an investments. Bitcoin is actually taxed harder than investments in stocks and bonds with about a 53% on gains and only 28% refundable on losses.
As a sidenote you can get some tax deductions from the electricity used on mining activities, however it might not be that beneficial to mine in a country with this high electricity costs.
As a dane I would give Germany a closer look IF i was a successful day trader or just had made a very good investment back in the early days. As others have pointed out it seems like you can hold profit for a year and be tax free + that lambo is gonna be considerable cheaper in Germany compared to Denmark
Source in danish:
https://skat.dk/skat.aspx?oid=2156173
https://skat.dk/skat.aspx?oid=2249418
https://www.bdo.dk/da-dk/faglig-info/depechen/depechen-artikler-2017/skat-ved-investering-i-bitcoins
