Government taxes your profits

It's because he's full of shit.

max of like $3k a year, fuck that

This is why i don't pay taxes and use other people's IDs to trade.

FUCK THE RECEITA FEDERAL!

>pay 0% long term capital gains tax
>laugh at all the normie wagecucks making the same income paying 20%+ taxes

Jesus that's just so bad. I want to go to Europe but that's even worse than the US.

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>buy good from internet with BTC
>receive goods and sell them for cash
legal?
The gov taxes Crypto -> FIAT
but how can they tax Crypto -> goods -> cash ?

>Crypto -> goods
that is the part they tax.

Let's say I got 100BTC from the early days, never showed it to the gov

Then migrate to Jersey (The country, not the US city) and withdraw there.

if you spend it on small items no one is gonna know. If you buy a house or luxury car the government will eventually catch you.

czech republic is like a little us in europe guns and low taxes only better beer than american piss.

I want to go there. I love their guns.

Some spic runs across the border and nabs my sweet fruit picking job? Government doesn't do shit. I try to wrestle him back across the border Mucha Lucha-style? I get arrested. California is the worst country ever.

the main problem with europe is too many languages.
I bet it's a great place if you know czech though.

Wrong. You do not understand the tax code

if you're rich enough you can pay no taxes or something laughable like 1% taxes
this is what angers me

don't know never been my brother liked it a lot.
i have been in austria, germany, slovenia, bulgaria and of course hungary. slovenia is not so cheap as most ce country but it's a beautiful country and every fucking body you meet speaks english man... even if you cut through a meadow among cows and some old peasant comes up he will tell you in english where you got lost. the rest of the countries you are plain fucked in this regard.

it's not just that's for sure.

I bought a t shirt with bitcoin and payed 0 taxes.

I understand it better than you. If have a $100,000 capital loss you can only claim $3,000 a year against income or other capital gains.

you owe capital gains if the price you paid for the bitcoin was lower than the price you cashed it out as.

Against income, yes, not against other capital gains you moron.

visiting is different than living in. Living without knowing the country's language becomes a hellish experience fast.

dunno man, for me even visits are hellish at most places. but in slovenia my problem was not with the people but the alps. it's fucking claustrophobic man not to see the horizon for weeks only fucking mountains with tops nearly getting lost in the sky. steep hillsides almost like gigantic walls. i couldn't get home fast enough after the vacation. not all of the country like that tho just most of it.

I am not full of shit, go to the CRA website you dummie, it's back 3 years forward indefinitely

Where do you live where this lefty meme of the poor paying tons of taxes is actually true, because in the US 50% of our country doesn't pay taxes and we're rapidly importing more of these shitholers.

hungary

actually they do, its called capital losses and if you dont claim it on your taxes every year youre a literal retard

even then I dont love the idea because why should the government subsidize our shitty investment decisions?

white people bitch about everything i swear

I anonymously buy bitcoin and I just buy amazon gift cards with the profit bitcoins and buy most of the shit I need and don't need with the gift cards. Fuck taxes.

Kill yourself dumb nigger

czech bro here, czech is indeed a very good country for crypto and just a good country for /makingit/ in general
>goverment ignores crypto atm
>low living costs
>low crime rate
>politically very neutral country
>if you pick the right area to live theres zero chinks and browns (rural one but not too far from a bigger city so its still convinient)
>the guns part is somewhat true
>high quality beer for dirt cheap
>czech girls

what else do you need
yeah the average czech person sucks at English but the last generation is pretty decent because we learn it since 5th grade elementary
so if you speak to nearly anyone aged 15-25 they might not be fluent, but they will understand and communicate whatever you are asking to you in an understandable manner

plus $400k to $500k is /madeit/ money here, if you know how to play your cards you wont work a day in your life even if you want to have kids

I was about to shit on you by saying any borderline 3rd world country is exactly that, but Czechia is dank. 400-500k jeez if only I could get citizenship, feelsbad

>a tax break is the same as a subsidy
Brainlet hours

no, I wont deny our economy is shit and our goverment is incompetent
but luckily its that kind of "harmless" incompetence, nothing that would threaten the average citizens freedom, wealth or anything like that for the most part

its like our country has shithole stats without actually being a shithole, its fucking perfect

Please tell me what to do because I'm a burger with no kids and $475K and I want out. Some people were telling me to go to Croatia yesterday but I don''t know what to do.

Why advertise your women to non-Czechs. I thought cucks were only common in US and UK.

im not big on white/slav women personally, I have tried and didnt like, they generally dont posses the mentality and personality traits I seek in a woman and often give out their pussy too easily
so I dont give a shit

but I imagine someone coming into the country is gonna like what they see, so thats why I said that

>C-cant I refund my Capital losses with crypto?

honestly I have no idea, I have never helped someone get into the country
but I imagine it really cant be that hard, our borders are very open and immigration control is nearly non-existent afaik unless you are a vietnamese middle aged man selling Tshirts and shoes on the street kek

Yes, so even dum dums like you could understand it

Where would be the best place to visit for someone looking to retire in your country?

I'm 39, white, and look clean.

Any place that checks these boxes...
Cute women
Sunny moderate weather low humidity
Great internet and a simple pace of life

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>pay tax when you earn money
>pay tax when you spend money
>effectively double taxation
>none of this is even constitutional to begin with and taxes are "voluntary" at gunpoint
>what was jekyll island
>all this tax and still live in a fucking shithole falling apart infrastructure garbage public transit garbage internet speed and no social services like universal healthcare, walk outside get shot, niggers everywhere, cities ugly as sin, whole place crumbling and trash everywhere
FUCKING SHIT THIS FUCK....CUNTS!

Random Greek island, small town in Spain

cute women anywhere, fat chicks here literally get no dick at all from my experience unless from the most desperate of betas

sunny moderate weather - anywhere as well, we have 4 seasons and all of them are pretty mild. winters dont get worse than -10 celsius generally, summers recently are getting incrementally hotter every year, so get a place with good AC (couple weeks ago it was like 35 celsius)
its always low humidity

for great internet you should live inside at least a mid-sized city (mid-sized by Czech standards, that means 60k pop)
villages / rural areas here are getting access to fiber optic as well nowadays, but its a slow process, ours only got optic available very recently
Zlín or Brno are the two obvious choices to try the Moravian life within a bigger city (Zlín 80k pop, Brno 400k pop)
circled the area for you where you should look

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Thanks so much. I just watched this video...
youtube.com/watch?v=t8-Vo5Qa6rc

>simple pace of life
literally anywhere, but ESPECIALLY moravia
almost everyone gets home from work at 3-4pm at most, and people spend their time together chilling, drinking and hanging out a lot
culture and traditions are still prevelant and being upholded but not being forced upon you if you are or arent into that sort of thing

and drinking is like a national sport here kek

Who is the semen demon in the left

the bar maid slut from dagashi kashi or whatever it was - didnt make it past ep 1

>implying that's acceptable
If you get taxed normally on shortterm gains you should damned well be able to count shortterm losses against regular income too.

Yeah they do
You get a tax credit for capital losses