Hi lads, I try to look for this information everywhere but I didn't find anything about this topic.
Let me explain you my situation.
I live in tax-free country where banks won't deal with any company that trades cryptos. (means that I can't deposit money to any platform that trades cryptos)
So what I do is that I send my money to UK bank and then I send money to a platform where I buy cryptos.
Question is: I'm resident in fax-free country, Do I have to pay tax to UK just because my money get thru UK bank account?
Thank you
You might not pay tax but you will pay charges or duty as the law of UK allows when it comes to making of payment to some exchange sites but instead of having to go through such stress and situation that is very ambiguous. I am sure you are not the only one dealing in crypto in the whole of your country. All you need is to identify the gathering of like minded individuals and trade in bitcoin while you money land in your bank account without any issue of blocking or sanctions.