Thank you so much to both of you!! I definitely have to do a lot of researchs before starting

Hola a todos!

Tengo la posibilidad de hacer Arbitrage y tengo unas dudas respecto a ello. Lo que haré será comprar altcoins in coinbase o kraken, transferirlos a otro exchange, vender por fiat, sacar el dinero a una cuenta bancaria, mandar el dinero a otra cuenta bancaria ( dos diferentes países) y volver a comprar en coinbase o kraken. Repetir el proceso.

Mis dudas son:

Cuando empiece a sacar e ingresar grandes cantidades de dinero, tendré problemas con hacienda?

Tendría que pagar impuestos en los dos países o solo en uno?

Cualquier otro consejo se agradecería.

Hi everyone

I have the possibility to do arbitrage but I’m not sure about some aspect that may affect it

Basically to do the arbitrage I will be buying altcoins in coinbase or kraken, transferring them to another exchange,  selling for fiat, withdrawing to a bank account, send the money to another bank account, depositing into coinbase or kraken and do the same again and again ( all this obviously in two different countries)

My questions are:

When I start withdrawing and depositing big amount of money into the bank accounts, will I be in trouble with the tax offices?

Does anyone know if have to pay taxes in both countries?

Any advice will be appreciated

Thank you

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