Any danish anons here?
Need a plan to avoid 60% tax when i make it
Danish thread - avoid taxes edition
Jason Anderson
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Liam Martin
Jesus. I was considering Denmark to immigrate to when South Africa finally dies (since my family originally comes from there) but 60% tax rate, how do you not riot in the streets?
Jayden Hernandez
Du ved godt du ikke betaler AM bidrag af det ikke? Du betaler skat af krypto som personlig indkomst (ud over AM bidrag). Betaler du i forvejen topskat? Jeg er selv studerende og har bare planer om at trække det ud lige op til topskattegrænsen. Der er måder at undgå skat på, men jeg vil helst ikke skrive om det på et offentligt forum.
Gabriel Garcia
It's not actually 60%. I don't know where he got that number from, but it's wrong even if you're in the highest tax bracket.
Juan Harris
move to singapore and loose your freedom
Parker Anderson
cash only fool.
Use them as fun money.
Xavier Thomas
The Danish government had declared in a ruling that there were no taxes on crypto ever.
Except that if you were trading so much that it counted as a business, but this is only a recommendation.
Danish anons have posted in the past that they can cash in as much as they want and they are unbothered by the government.
When I make it, I will move to Denmark.
Tyler Gomez
Swede here and I thought our 30% tax on the profit was bad.
Is it really 60% tax on the profit in Denmark? You better be joking.
Nathan James
fair nok tror jeg vil research mere for jeg sporger men havde ellers hort det var 60% når du tjener over en vis grænse.
Aaron Barnes
coinsutra.com
yeah it's 0% in Denmark, i guess OP meant that he was planning to move there. not that he is Danish and wanted to avoid taxes.
christ 0% would be so good, dunno what the hell Sweden is doing with 30%.
Gavin Parker
It's not 0% (anymore). For most people it's taxed at approximately 33%. It's only 0% if you didn't buy crypto as an investment/speculation (and they most likely won't believe you unless you bought crypto several years ago and never traded).
Du betaler den samme skatteprocent, som du betaler af din personlige indkomst minus AM bidrag. Hvis du ikke betaler topskat bliver det altså ca. 33% af dit samlede overskud. Husk på at straffe for skatteunddrag er meget hårde i Danmark, så overvej grundigt, om det er det værd. Hvis du ikke betaler skat, bliver det også svært at geninvestere pengene i aktier, bolig osv. eller kobe dyre ting, da der vil blive stillet sporgsmålstegn ved, hvor pengene kommer fra.
Isaac Reyes
Good to know.
Joshua Walker
Kob amazon gift cards for hele lortet, og sælg det på dba
Robert Clark
oh i see, thats too bad.
i really dont think they should be trying to apply old laws to something new like this. apparently if i buy a pair of shoes with crypto im supposed to tax on that. what am i supposed to do, send the government the shoe laces? meanwhile if i had paid for the shoes with classic money the business that sell them pays the tax (moms added on top of the price).
Luis Robinson
It works exactly the same as if you had been trading FX. If you're trading JPY/DKK and buy a pair of shoes with JPY you would have to pay tax on your gains (in terms of DKK) at the time of purchase.
That being said, I'm not a fan of the high taxes in Denmark ;)
Brandon Scott
I love denmark a lot but only way I'm going to be able to afford living there is if I make it big
Colton Hill
I'm residing in Denmark right now. Can any Danish user confirm if Arbejdernes Landsbank is fine with crypto transactions?
Ethan Evans
J ust call them and ask. You don't have to tell them your name. Afaik they are fine with it, but they might ask you some questions about the source of the money (all banks might do this).
Jack Young
Meh, it's not necessarily wrong. Sure it's wrong if you only take income tax in to consideration but that's far from the only tax you pay.
Everytime you buy somthing you pay VAT, you pay extra tax for buying certain things like gas, liqour, for owning a home, for owning a car...
The list is long. So in reality if you wagecuck and you actually posses a valueable skill you pay way more than 50% tax, danskjävel.
Joseph Morales
here's the thing though, if i have 1 crypto and pay 1 crypto for those shoes, what am i supposed to pay taxes with? fiat currency? at what rate? what if i don't even have any of that, now i have nothing to pay with except the shoes i bought. that's why it makes sense for the business to add taxes on top of the price of their product and then they handle the actual paying of taxes.
Logan Robinson
move to singapore or portugal
Carter Carter
nobody to riot with :-(
Jeremiah Bell
You have to pay tax with fiat according to the going crypto/DKK rate when you bought the shoes. The same goes for if you traded stocks, foreign currency, collectibles you bought as an investment etc. for a pair of shoes. I'm not a fan of tax on capital gains, but that's how things work in almost all countries (not just Denmark).
Noah Hernandez
har vi nogen danske stinky linkies?
Zachary Morales
stinky linkie fra Danmark til stede
Brandon Brooks
Bring hot female friends if you come to Portugal
Grayson Turner
yes but it's pretty fucked up. essentially double tax on that sale (tax from crypto and moms on the shoes). laws needs to get with the times.
Asher Torres
Oberst her! tilkendegiv rang.
Alexander Gutierrez
Jeg har solgt dem, venter lige på 3k for at kobe igen