Tax Havens

[The Goat Master]

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!

[Elwar]

I believe Apple had a lot of their stuff in Ireland.

[The Goat Master]

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.

[KeyserSoze]

http://www.nytimes.com/interactive/2012/04/28/business/Double-Irish-With-A-Dutch-Sandwich.html?_r=0

[The Goat Master]

http://www.nytimes.com/interactive/2012/04/28/business/Double-Irish-With-A-Dutch-Sandwich.html?_r=0

thanks!

[marcus_of_augustus]

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.

[Tomdraug]

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]

No kidding, who buys an asset expecting to lose value? ...

Most people.  Cars, boats, clothes, computers, etc.

[marcus_of_augustus]

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?