Bitcoin Forum
May 10, 2024, 10:26:45 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: intl intercompany transfers  (Read 873 times)
prophetx (OP)
Legendary
*
Offline Offline

Activity: 1666
Merit: 1010


he who has the gold makes the rules


View Profile WWW
July 19, 2013, 04:41:28 PM
 #1

If a company wanted to buy btc in country A and sell btc in country B, strictly using exchanges, not to end customers, how would the transfer of money and btc be treated from an accounting standpoint so that the company only pays tax on profit realized from the transaction?


Any thoughts and guidance on this appreciated.

Thanks
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715336805
Hero Member
*
Offline Offline

Posts: 1715336805

View Profile Personal Message (Offline)

Ignore
1715336805
Reply with quote  #2

1715336805
Report to moderator
1715336805
Hero Member
*
Offline Offline

Posts: 1715336805

View Profile Personal Message (Offline)

Ignore
1715336805
Reply with quote  #2

1715336805
Report to moderator
1715336805
Hero Member
*
Offline Offline

Posts: 1715336805

View Profile Personal Message (Offline)

Ignore
1715336805
Reply with quote  #2

1715336805
Report to moderator
chemehuevi
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
July 26, 2013, 05:14:20 AM
 #2

This is probably related to your question on VAT in Poland and in Sweden.

For small to medium sized companies, the accounting regulations are national / local so the accounting treatment would depend on where the business is located. It may be wise to choose a jurisdiction other than Poland or Sweden, where you are more certain to have "friendly" accounting regulations.

Feel free to pm me so we can discuss this more in depth.
Pages: [1]
  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!