Ibian
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Activity: 2268
Merit: 1278
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August 23, 2019, 07:03:56 PM |
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Countries without tax on crypto ... Puerto Rico ... Puerto Rico is not a country, it is a US territory. And while it has some interesting tax benefits, crypto profits are indeed taxable in Puerto Rico. Ok, it's a state with some different laws. In Puerto Rico, if you qualify for Act 22 you don't pay tax for crypto. Unless they changed the law. link http://premieroffshore.com/changes-puerto-ricos-act-20-act-22/If a european moved to PR, what would the tax situation look like? I'm surprised you didn't choose Belarus I don't wanna be a sovjetski, comrade. Also they only speak barbaric languages.
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BitcoinGirl.Club
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Activity: 2926
Merit: 2777
Bitcoingirl 2 is downloading 💓
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August 23, 2019, 07:07:36 PM |
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Good evening WO! Observing @ $10,460
And I am super busy these day. Hate it!
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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August 23, 2019, 07:41:09 PM |
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Countries without tax on crypto ... Puerto Rico ... Puerto Rico is not a country, it is a US territory. And while it has some interesting tax benefits, crypto profits are indeed taxable in Puerto Rico. Ok, it's a state with some different laws. In Puerto Rico, if you qualify for Act 22 you don't pay tax for crypto. Unless they changed the law. link http://premieroffshore.com/changes-puerto-ricos-act-20-act-22/No, Puerto Rico is not a state. It is a US territory. And it is false that crypto profits are not taxed in Puerto Rico. Even under Act 20 and Act 22. Quote from your linked article: "They pay only Puerto Rico tax on these profits and capital gains." True, it is much lower than US mainland taxation, iff you enter into contract under Act 20 and/or 22. But not zero.
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Ludwig Von
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August 23, 2019, 07:45:17 PM |
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Countries without tax on crypto Malta Portugal Belarus Panama Puerto Rico Singapore (individuals don't pay tax on profits from the crypto trading) Slovenia (if you have less than 100 tradable days per year) Germany (if you hold at least 1 year) Liberland (very pro-bitcoin micro state) Austria (if you hold at least 1 year) Denmark is still taxless. It won't STAY that way, getting out while I can. As a private person, non professional, profits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income.
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BitcoinGirl.Club
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Activity: 2926
Merit: 2777
Bitcoingirl 2 is downloading 💓
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August 23, 2019, 07:47:25 PM |
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Countries without tax on crypto Malta Portugal Belarus Panama Puerto Rico Singapore (individuals don't pay tax on profits from the crypto trading) Slovenia (if you have less than 100 tradable days per year) Germany (if you hold at least 1 year) Liberland (very pro-bitcoin micro state) Austria (if you hold at least 1 year) Denmark is still taxless. It won't STAY that way, getting out while I can. As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income. How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so.
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bkbirge
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August 23, 2019, 07:58:04 PM |
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Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto... My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies. His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto.
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bkbirge
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Countries without tax on crypto Malta Portugal Belarus Panama Puerto Rico Singapore (individuals don't pay tax on profits from the crypto trading) Slovenia (if you have less than 100 tradable days per year) Germany (if you hold at least 1 year) Liberland (very pro-bitcoin micro state) Austria (if you hold at least 1 year) Denmark is still taxless. It won't STAY that way, getting out while I can. As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income. How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so. KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman.
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serveria.com
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Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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August 23, 2019, 08:05:19 PM |
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Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto... My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies. His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto. Trump is actually pro-bitcoin - if the trade crisis worsens guess where all the money is flowing to? BTC So Trump has actually done more good than bad.
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BitcoinGirl.Club
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Activity: 2926
Merit: 2777
Bitcoingirl 2 is downloading 💓
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August 23, 2019, 08:09:40 PM |
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Trump is actually pro-bitcoin - if the trade crisis worsens guess where all the money is flowing to? BTC So Trump has actually done more good than bad.
When any celebrity or any powerful individual talks about Bitcoin, it gives an exposure. Today or tomorrow or even few years later we will see those people who heard about Bitcoin for the first time from those individuals are joining into Bitcoin. I heard about Bitcoin in 2011/12 (can't remember exact year) for the first time, I do not think it got my attention then but after few years I got involved in Bitcoin.
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bkbirge
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August 23, 2019, 08:13:17 PM Merited by JayJuanGee (1) |
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Guy seems to think $250,000 USD/BTC is on the horizon, quite a change from the usual Forbes gloom and doom about crypto... My point, however, is bitcoin is replacing gold as the safe harbor asset and that is a role that is only going to grow and while there is only $200 billion or so of it, it must fly higher than $5 trillion gold and its entourage of paper proxies. His point at the end of the article is Trump's incapability to act like an adult with his dumb tweets causes nervous investors to run into the arms of crypto. Trump is actually pro-bitcoin - if the trade crisis worsens guess where all the money is flowing to? BTC So Trump has actually done more good than bad. Trump himself is definitely not pro btc, at least from statements he's made, and given he's a septuagenarian whose demonstrated little interest in anything outside his clearly limited comfort zone I can believe it. However his bumbling pompous announcements have the effect of boosting bitcoin because he's so batshit crazy and unpredictable in action that no one trusts his words. That may be good for btc in the short term but is a disaster for actual live people in the long term. I don't think we need the Chief Twit to boost btc, we'll get that without his 'help'. Just my opinion.
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serveria.com
Legendary
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Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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August 23, 2019, 08:16:03 PM |
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Countries without tax on crypto Malta Portugal Belarus Panama Puerto Rico Singapore (individuals don't pay tax on profits from the crypto trading) Slovenia (if you have less than 100 tradable days per year) Germany (if you hold at least 1 year) Liberland (very pro-bitcoin micro state) Austria (if you hold at least 1 year) Denmark is still taxless. It won't STAY that way, getting out while I can. As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income. How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so. KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman. Who knows perhaps by the time we'll be cashing out countries and states will cease to exist... people will eventually understand that governments are not needed at all - we'll introduce some kind of (blockchain-based?) direct democracy system. Current system is inefficient - we're being overcharged for the social services we're getting because of bureaucracy at all levels. Many just don't realize how archaic this system is.... BTC is just a beginning..
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Ludwig Von
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August 23, 2019, 08:47:46 PM |
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Countries without tax on crypto Malta Portugal Belarus Panama Puerto Rico Singapore (individuals don't pay tax on profits from the crypto trading) Slovenia (if you have less than 100 tradable days per year) Germany (if you hold at least 1 year) Liberland (very pro-bitcoin micro state) Austria (if you hold at least 1 year) Denmark is still taxless. It won't STAY that way, getting out while I can. As a private person, non professional, prfits from monetary metals and BTC are taxfree in Belgium also. Even no need to declare as income. How are they going to know that you are holding crypto if you do not publicly disclose your addresses? It's only possible if someone is willingly paying their tax and one should do so. KYC. At some point most people have to get on a gateway to convert fiat to crypto and, at least in the developed countries, those are increasingly requiring stringent identification. Additionally there are some smart people that are already creating tools to track wallet movement and they can use a variety of techniques to tie those to people and groups. Basically, it wouldn't be smart to count on avoiding the taxman. The taxman is not interested in our crypto holdings, because they are not taxable. That is why we do not need to declare anything. The legal concept is that we buy gold or crypto with already income taxed fiat.
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Cryptotourist
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August 23, 2019, 08:52:44 PM |
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if you won't answer, she will practice deception. if your answer will be no, she won't believe what you say. if your answer will be yes, she will tell you we don't have money to have children. if your answer will be yes for the moment, she will try to get as much as she can from you as early as possible.
I guess you have your own unique way around women. Hey you should meet up with r0ach in rl, you seem to have a lot in common.
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_javi_
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August 23, 2019, 09:13:25 PM |
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I wonder about tax situation in Cayman or Seychelles. If only we had some BTC/fiat gateway there... Even a BTC ATM will do you know.. asking for a friend
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rebal15
Jr. Member
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Activity: 527
Merit: 6
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August 23, 2019, 09:26:29 PM |
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if you won't answer, she will practice deception. if your answer will be no, she won't believe what you say. if your answer will be yes, she will tell you we don't have money to have children. if your answer will be yes for the moment, she will try to get as much as she can from you as early as possible.
I guess you have your own unique way around women. Hey you should meet up with r0ach in rl, you seem to have a lot in common. Hey I should meet up with McAfee in rl, we seem to have a lot in common.
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Ludwig Von
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August 23, 2019, 09:28:58 PM |
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if you won't answer, she will practice deception. if your answer will be no, she won't believe what you say. if your answer will be yes, she will tell you we don't have money to have children. if your answer will be yes for the moment, she will try to get as much as she can from you as early as possible.
I guess you have your own unique way around women. Hey you should meet up with r0ach in rl, you seem to have a lot in common. Hey I should meet up with McAfee in rl, we seem to have a lot in common. "A lot in common". Not possible, you are junior, he is fossil, what would be the common specs? Stone balls?
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Cryptotourist
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August 23, 2019, 09:38:46 PM |
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Hey I should meet up with McAfee in rl, we seem to have a lot in common. Hey, be my guest - whatever suits you, try not to eat his dick together.
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rebal15
Jr. Member
Offline
Activity: 527
Merit: 6
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August 23, 2019, 09:47:13 PM |
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Hey I should meet up with McAfee in rl, we seem to have a lot in common. Hey, be my guest - whatever suits you, try not to eat his dick together. it's good to admit that the price of BTC will not reach $1m. it's sad to see that the idol of Hodlers is a FOMO maker.
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