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Topic: Tax Havens (Read 2325 times)
The Goat Master
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Tax Havens
June 02, 2013, 06:29:35 PM
#1
If I made enough money in BTC to be taxed, are there any good tax haven countries to avoid that?
I want to follow the example of my favorite company, Apple. It's legal, too!
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Elwar
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Viva Ut Vivas
Re: Tax Havens
June 02, 2013, 06:31:02 PM
#2
I believe Apple had a lot of their stuff in Ireland.
First seastead company actually selling sea homes: Ocean Builders
https://ocean.builders
Of course we accept bitcoin.
The Goat Master
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Re: Tax Havens
June 02, 2013, 06:46:04 PM
#3
Quote from: Elwar on June 02, 2013, 06:31:02 PM
I believe Apple had a lot of their stuff in Ireland.
The Irish law states that if a company pays tax to the country where it is managed, whereas U.S. law states that a company has to pay tax to the country where it is based. So it created a circle effect, but I don't have a company.
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KeyserSoze
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Re: Tax Havens
June 02, 2013, 09:21:07 PM
#4
http://www.nytimes.com/interactive/2012/04/28/business/Double-Irish-With-A-Dutch-Sandwich.html?_r=0
I used to day trade Bitcoin successfully. Then I took an arrow to the knee.
The Goat Master
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Re: Tax Havens
June 02, 2013, 11:25:36 PM
#5
Quote from: KeyserSoze on June 02, 2013, 09:21:07 PM
http://www.nytimes.com/interactive/2012/04/28/business/Double-Irish-With-A-Dutch-Sandwich.html?_r=0
thanks!
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marcus_of_augustus
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Eadem mutata resurgo
Re: Tax Havens
June 02, 2013, 11:36:49 PM
#6
NZ has no capital gains tax, provided you can prove that you had NO intent to profit from any gains in value. Typically, in the case of land, if you own the asset for more than 10 years demonstrates you weren't in it for "the quick flip".
No kidding, who buys an asset expecting to lose value? ... grey laws based on "intent" are loved by politicians and regulators alike since it leaves them with all the power and no responsibility or accountability in a court of law.
Monetary Freedom - an inalienable right
Per aspera ad astra
Tomdraug
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Re: Tax Havens
June 04, 2013, 07:47:02 PM
#7
Dubai is No.1
You must have quite a lot of money though to open business there
A list:
http://www.doingbusiness.org/rankings
Good luck !!
Cubic Earth
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Re: Tax Havens
June 04, 2013, 10:48:42 PM
#8
Quote from: marcus_of_augustus on June 02, 2013, 11:36:49 PM
No kidding, who buys an asset expecting to lose value? ...
Most people. Cars, boats, clothes, computers, etc.
marcus_of_augustus
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Eadem mutata resurgo
Re: Tax Havens
June 04, 2013, 11:30:46 PM
#9
Quote from: Cubic Earth on June 04, 2013, 10:48:42 PM
Quote from: marcus_of_augustus on June 02, 2013, 11:36:49 PM
No kidding, who buys an asset expecting to lose value? ...
Most people. Cars, boats, clothes, computers, etc.
You are confusing consumables with assets. Are you a tax agent?
Monetary Freedom - an inalienable right
Per aspera ad astra
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