Bitcoin Forum
November 19, 2024, 03:26:01 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic:    (Read 1610 times)
Slark
Legendary
*
Offline Offline

Activity: 1862
Merit: 1004


View Profile
May 11, 2017, 12:52:46 PM
 #21

Yes, I'm sure they will tax it and such, which is with any country. I'm ok with that, I was just saying that it's great that you can use it directly now instead of having to trade to fiat then use the fiat. I'm hoping that trend continues, this way you are never compelled to sell your stash in order to hold Fiat, you can just use it directly as needed.
That is exactly what we are aiming for in the end everything you need should be possible to obtain directly with bitcoin.
3rd party services like exchanges and fiat conversion should be obsolete long time ago, unfortunately we still need to use them.

I'm confused on why you wouldn't want the tax office to know? They will know either way after the transfer so why not cross your t's and cover your ass so nothing goes wrong? Tongue It's not like they are going to try to charge you more for going by the books, right?
Don't get me wrong. I don't have any with paying fair taxes. But in the future, when bitcoin will be probably much more valuable tax office might ask me a lot of question about source of my BTC.
And I don't have any legal confirmation that I bought my BTC, what will I say? That I earned my BTC by being a freelancer or from sig campaigns? Fat chance they will believe it. Wink
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3015


Welt Am Draht


View Profile
December 05, 2017, 07:38:40 PM
Last edit: December 05, 2017, 07:51:25 PM by gentlemand
 #22

i recall a tool or calculator for cashing out large sums over time incrementally...

anyone got that handy?

https://bitcointalk.org/index.php?topic=345065.0

This one?

If I have to cash out, and hopefully there'll never be a need, I'd rather do it in a deeply drama queeny fashion in one fell swoop rather than dribs and drabs.
mpufatzis
Full Member
***
Offline Offline

Activity: 840
Merit: 128



View Profile WWW
December 05, 2017, 07:50:49 PM
 #23

I hope theoreticaly, you didn't sell everything, the price of BTC is higher today as it was in May.
Your theoreticaly question is mine too, at least the last weeks.
The best solution is to find a good lawyer with good accountant knowledges.
He will advise you how to open some of shore bank accounts in banks that know how to keep their secrets... and how you'll be able to have access to that money without knowing this the authorities of your country.
edgar
Legendary
*
Offline Offline

Activity: 1848
Merit: 1001


View Profile
December 07, 2017, 11:46:58 AM
 #24

Nah, This one..

http://xzist.org/amazing-bitcoin-retirement-fund-calculator/
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!