Crypto tax evasion pros

Thanks to dai you can hold dollars anonymously. Then literally cash out - to cash.

Yes, but almost every single country on earth participates in CRS/AEOI nowadays. They all have penalties for false reporting, otherwise why the fuck would anyone report a real address.

So, maybe it goes like this
>your bank from country C reports your asset balances Dec 31 to country D
>country D says what is this, the person in question is not tax resident here for 2018
>your bank will ask you why you have provided false information

do you have any good ideas how to do this? since localbitcoins even requires kyc now

The only way I know that MIGHT work is buying gold with bitcoin and then selling for cash

The thing is I never told my bank in country C that I was in country D and that was for several years and nothing happened. I can't update that online anyway, only my correspondence address, and I never received anything from them to update it either. I'm also deregistered from country C. In country D I have some vague status.

Shit like this and the hurdles of understanding what the fuck to do is exactly why people are excited about crypto. Just take your damn red tape off me and let me live.

I see, then maybe you have gone unnoticed or they just don't care. Good for you user

you can check from here btw when the countries are supposed to begin the exchange of info

oecd.org/tax/transparency/AEOI-commitments.pdf

exactly, I fucking hate it so much you don't even know
I have seriously wasted a year of my life and 200k doing nothing but trying to avoid paying the kikes but it failed and unless I want to break the law I'll have to pay them anyway

I also have been trying for weeks to get a fucking forex account open but they keep sending me fucking kyc questions and nothing is good enough for them

the boomers who have set up this fucked up shit system deserve to burn in hell

>Final note: all countries are in the EU.
>It Was At This Moment He Knew... He Fucked Up

You can't do this because of CRS and OECD.

>all countries are in the EU.
There is no secret in the EU. They will find out and the fine will be severe.
Depending on the amount and on what is country B you could even go to jail.

Ok here is the 1,000,000€ tip goyim:
Move to Georgia next year or the year after. Set up your little business there and stay there 183 days a year to get the tax residence there. Congrats, you can set up a offshore company and get the dividends from selling your crypto with that taxfree.

The next year, move somewhere you want. Better to stay away at least 2 years from your home country. Document where you lived and that's it. Legal.

If you don't like georgia you could do this in panama too. But as it's not the EU better stay there 5 years or at leat have your tax residence there while traveling (digital nomad yo). You need to be in Panama 1 time in every to years to keep the tax residence then.

*at least

To get further info: Remittance Base taxation is the key

>Better to stay away at least 2 years from your home country
since everyone knows why you would move to either panama or georgia, do you think they can try to claim you "went there for 2 years for the sole purpose of avoiding taxes" and try to claim them from you?

anyway any idea how to sell crypto for cash with no kyc?

>do you think they can try to claim you "went there for 2 years for the sole purpose of avoiding taxes" and try to claim them from you?

When moving to panama (outside EU obviously) they can't really but they will fuck you up with proofs and shit. Struggle but possible. In the EU you're allowed to move where you want and they can't do anything. But you need a full year of tax residence outside your home country. Best would be in a country with Remittance Base taxation to pay no tax. Legal.

>anyway any idea how to sell crypto for cash with no kyc?
Do you even have money? You can't buy a house, a car with this our you will be raped by the taxman. This is a bullshit approach really

And if you get busted with that, they will take their tax cut plus this amount again as punishment so you got like 10-20% left.

lmao

I shared some insights here which even KPMG, PwC, EY won't tell you that easy because they want to sell you expensive holding company setups.
Everytime I do this, no one would listen but rather ask how to get their 30k exchange to fiat to buy useless stuff. Fucking brainlets

you are a fucking internationalist jew cuck lord OP, go back to your own country and make it great

>moving to an island which will be underwater in 60 years
nice investment you got there, be a shame if something happened to it

Attached: 1514865646611.png (605x558, 394K)

>count dracula is a jew
oh shit i havent seen sesame street since i was a young innocent child. thanks for the redpill

>How can country B check my bank in country C?
because jews. unless its a "rogue" nation like north korea all these (((central banks))) are the same entity, masked as being the bank of [insert goy country]

>Do you even have money? You can't buy a house, a car with this our you will be raped by the taxman. This is a bullshit approach really
I know, meant more for some small spending money

I know all this and the setups, but what I meant was will your home country claim you did it all for tax evasion if you move back after 2 years for example?

I have been tax resident for 2018 in another country in EU, but my home country(also in EU) still wont fucking let me go and are still trying to claim I am tax resident there
(I have shown all proofs, have no ties or property in home country etc)

So even if I manage to somehow get them to fuck off, maybe they will still fucking charge me for tax evasion if I move back?

What are those setups he's talking about? Ultimately what's the successful cashout strategy? And what exchanges can I use, are CEX, Bitstamp or Bitpanda safe since I'm in the EU?

How about spending in btc? Or monero? Why do you cash out?

well the setup he talked about was moving your residence to a territorial taxation only country or just any country without crypto taxes to cash out legally

I did something like this but ultimately seems to be failing since my home country is a socialist hellhole that claims I still owe them taxes. So I cant really tell you what is the best strategy for you. For me, I wish I just cashed out in Dec and paid all my taxes, would have saved a ton of headache and a ton of money

the exchanges are probably safe, but the bank accounts are where you get fucked

Since crypto is not regulated, can't I buy from myself tokens wayyyyyyy under its price from etherdelta?
It is a new trade in my list
I still have the tokens but made massive loss in theory.

how would that even work?
how can you make a massive loss when you have only profit? and what about when you cash out the actual tokens for the real price? how will you explain that money

Sounds like you could really use Babb after they get licensed and bring their app online.

If they need a bank license it will be the exact same jew bullshit and they do kyc + reporting

Usually when you leave your home country you have to pay tax on any assets you take with you, including crypto. So when they freeze your accounts in your home country and ask to see where the money came from, you better be able to explain why you didn’t pay tax on the crypto when you left.

t. Ausfag who is slowly resigning to the fact I’ll pay the government 48% of my gains

48% is fucked up

It's almost like the banks and governments and everyone all talk to each other, are smarter than you, and especially because of terrorism are watching money flow carefully.

And here you are, asking how to commit felony on Jow Forums, which almost certainly monitored by 3 letter agencies, especially now that crypto is in lawmaker's crosshairs.

Good job. Keep it up. You're on your way to success!

I have not done anything illegal, which is why I put so much time and effort into it (and turned out to not work anyway)

If I wanted to do it illegally, it is as simple as open offshore company with nominee directors, shareholders and bank signees.

>Live in country A with name B
>have bank accounts in country C with name D
>country C does not know my name in country A
>country A does not know my name in country C

I have 2 different names in two different countrys, I got a new name as a child for some weird reason, like I was made for tax evasion kek

What you're asking advice for IS illegal, however.

But seeing as you're so dumb as to think you're smarter than really smart people who set up the system, there's no point in doing more than pointing a finger at you, laughing, and calling you a faggot.

Start looking for a lawyer, you're gonna need one when your failure to properly report income and tax records catches up to you. Faggot.

You must have mixed up the IDs because I am not asking for any advice I have literally tried it legally by moving my physical residence. You are the faggot