How do I avoid tax on crypto

[jhon15]

If I make money on crypto currencies. How do I avoid as much tax as possible?

You’re gaining money and wanted to avoid paying taxes?you are a greed person mate and thats not a good attitude,remember that paying taxes is an obligation and regulated

And besides gaining in crypto is too easy than working hard in jobs,so why paying tax in regular job and not in this area of profiteering?please stop acting like tax evaders because that’s punishable by laws

if you produce why you avoid taxes generated from Crypto and you only pay partially, not all of your money lost to pay. working on Crypto is easier than real work, yes indeed because working on Crypto can be done anywhere and anytime that allows us to share time for other jobs, and your chances will be greater.

[ethereumhunter]

Maybe in one day when all country uses crypto, we will see a tax for every crypto user, and we should pay the tax in the exchanges and for sending the money from bitcoin into our bank account. But now, I don't have to pay the tax for convert my bitcoin into local fiat because when I got a fiat and sent to my bank account, I use a third party and I only pay his services because he helps me to send the money into my bank account.

[BLAST2MARS]

If I make money on crypto currencies. How do I avoid as much tax as possible?

If your government says that you need to pay taxes on your cryptocurrency profits then you need to do it. You are going to be in conflict with the law one day I tell you that. Just look at the past scammy ICOs that is now getting summoned or subpoena by the SEC. Your transactions on the blockchain is going to be the strong evidence so think again.

[zee11225]

Maybe in one day when all country uses crypto, we will see a tax for every crypto user, and we should pay the tax in the exchanges and for sending the money from bitcoin into our bank account. But now, I don't have to pay the tax for convert my bitcoin into local fiat because when I got a fiat and sent to my bank account, I use a third party and I only pay his services because he helps me to send the money into my bank account.

Tax is a need that must be obtained from a transaction carried out in a country. Therefore, transactions using bitcoin must also be taxed. But the problem is that all transactions occur in cyberspace, so the government cannot control it.
Therefore, the government must be aware of the final transaction, namely withdrawal of cash money on the exchange of bitcoin because that is the only chance the government can withdraw taxes.

[imstillthebest]

Tax is a need that must be obtained from a transaction carried out in a country.

Yeah sure tax is needed and important because is the only way to improve the state of the country.

Therefore, transactions using bitcoin must also be taxed. But the problem is that all transactions occur in cyberspace, so the government cannot control it.

Transaction of bitcoins does not occur in a cyberspace but they only occur online under the blockchain system/technology . you can still pay your own tax if your government cant tax you because they cant hold bitcoin  .

Therefore, the government must be aware of the final transaction, namely withdrawal of cash money on the exchange of bitcoin because that is the only chance the government can withdraw taxes.

Some exchange are centralized , i think governments can carry out a tax on them  . there are also local exchange available for crypto to fiat withdrawals , this might also be possible for governments to charge them/us by a tax  .

[hen cet]

Embrace taxes. Tax is part of our everyday lives for as we live in a community that needs it. It funds almost everything you see on the streets. But sure, there is a way to minimize tax but to actually waive it!

Using crypto money in order to avoid taxes is the thought of many people, because they assume taxes have taken away from their profits.
Though for the progress of a country must have income, one of them from taxes, so that avoiding taxes in my opinion is not wise. But transactions using crypto money while still in cyberspace are not taxed, because they are not monitored by the government.