>Norway
>24% tax on every profitable trade
>24% deduction on trades that are in loss
>if the total worth exceeds $170 million you must pay wealth tax
The good thing is that from my experience, the tax bureaucrats doesn’t give much shits about your transactions most of the time and only tax what you withdraw.
>if the total worth exceeds $170 million you must pay wealth tax
Fuck typo, meant $170.000
RESPOND TO MY SHITTY THREAD YOU FAGS
>uk
>operate my trading in an offshore trust
>pay no tax but around 10% in accounting and banking fees
>RESPOND TO MY SHITTY THREAD
I appears your to dump to set up properly...How do you expect to be profitable in one of the worlds highest tax countries...
set up offshore FAG!!!!
NL
The value of your crypto on 1st of january in a year is taxed as follows:
€ 0 - 70.800, 67 % against 0,36 % and 33 % against 5,38 %
€ 70.800 - € 978.000, 21 % against 0,36 % and 79 % against 5,38 %
€ 978.000 and up, 100 % against 5,38 %
I must add: these are the rates for possessions in this category after a 30 K threshold.
>pay wealth tax
wtf
it's for jamal ok?
Spain, too many taxes. I'm not paying them.
For big quantities
>money goes out of the exchange
>more money comes in
>I won everything at eosbet sir, not a single succesful trade - or any other stupid excuse.
or
>buy gold with btc at jmbullion
>sell gold
For small quantities, no one cared this far and I just transfer from exchange to bank. If it becomes a problem someday, I'd just take my money to an offshore as said