Hello guys,
We found an investor who wants to invest some money to mining business. He would like to do everything by the law and tax every coin we mine and exchange.
We are going to use GPUs for mining, that means we will mine shitty coins and we will exchange them to Bitcoin.
What is the best country to have company in for paying the lowest possible taxes if you change Bitcoin to fiat? What is the most tax friendly country in EU?
I read about Germany and holding BTC for one year, but does it also include legal person - company?
Thank you for your answers!
Tax is a consideration, but unless you are somewhere with low power costs it wont make sense to mine. Finland, Iceland and Bulgaria all have cheap power and attractive tax.