Declaring profits in the European Union

[BTCW]

The EU is not a tax union. Depends on which country you are in. We operate in a EU country in which you only declare profits and losses AFTER selling.

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[senin]

It would be much better. if you first introduced us to the course of what tax legislation now exists in the countries of the European Union and whether there are common rules for taxation in these countries. I read that according to the decision of the European Court of Justice, Germany does not consider the crypto currency as an object of taxation when making various transactions with the crypto currency.

[darkangel11]

I don't declare profits. When I need to cash out, which is rare, I do it in Germany, which doesn't require me to pay any taxes.
When I reside in different countries, that do want BTC taxes, I tend not to use banks. I buy stuff for BTC directly or sell on foreign exchanges and keep the fiat currency on the exchange. So, I'm avoiding taxes as much as the law allows for it.

[marielbeckham]

But is it secure not to declare anything as some people tend to do?