>Cashout $750,000 to Swiss bank
>Want to pay taxes
>they don't accept money from foreign banks
what do? I know it sounds like I should say "okay then tough luck" but they will probably fuck me if I don't find a way to pay them
>Cashout $750,000 to Swiss bank
>Want to pay taxes
>they don't accept money from foreign banks
what do? I know it sounds like I should say "okay then tough luck" but they will probably fuck me if I don't find a way to pay them
Other urls found in this thread:
youtu.be
ipfs.io
twitter.com
no one here knows shit
transfer to a US bank first? jesus hire an accountant
Where did you get 750k sir
don't live in the US and banks where I live don't accept any money originating in Crypto
already have an accountant he doesn't know what to do lmao, he really worth my money right?
If you have that kind of money why aren't you talking to a lawyer instead of posting in some random thread on Jow Forums? Why do you larp?
What car did you buy?
Or have you touched it?
I don't larp this is an actual issue
oh stahp you silly
um.. transfer money from the swiss bank to a local bank
Use Revolut.
Brief case
Cash
call them and ask them if they would accept your tax payment in cryptocurrency.
For 750k lol, I use Revolut but only to pay for things not to store my money
Then Go Speak To a fucking g lawyer and stop with your stupid shit posting on here.
localbitcoins, cash to local currency?
You can open bank accounts in almost every country online.
No need to be a resident either.
Most first world countries offer bank accounts that'll open accounts in different currencies.
Try Canadian banks, they your fren, fren.
Local bank will ask for proof of origin, and as OP says, if he utters the word "crypto", the local bank will either:
a) reject the deposit - not so bad
or much worse,
b) accept the deposit and then (conveniently) close the account afterwards, because of aml policies.
there are crypto friendly banks in the us. It would be easier to advice the op if he provided his country
Can you name one? asking for a friend...
Simple bank and usaa
I'm glad you got bored with f***co and NPC
This won't make it either
This.
Consult a lawyer, else you get advice like:
>hurrr durrr crypto is fo no painin daxes hurrr durrr
Good luck exchanging any amount over 10k. Not counting the fact that you have to worry about it being a honeypot or someone wanting to rob you afterwards.
>they don't accept money from foreign banks
What are you talking about. Where is this happening?
Are you in a trade-sanctioned country? Get out of there and go ask for asylum in Canada
Israel, land of the kikes and they don't want my money, paradoxically desu
Let's say that you became the citizen of another country and left Israel without paying your taxes.
What happens then?
Can't you write the government a check from a foreign bank? Or do your taxes need to paid payed out of an israeli bank?
Also
>ipfs.io
>A corporation is deemed to be subject to Israeli taxes if its activities are managed and controlled within the State of Israel or established under its laws.[5] A domestic corporation is subject to taxation on its worldwide income. A foreign corporation with an Israeli subsidiary is only taxed on income derived from, accrued or received in Israel, while a non-resident company without a subsidiary is only taxed on income sourced in Israel.[5]
>A year for tax purposes is a calendar year, however businesses may request a different schedule. Businesses must file their annual tax returns five months after the end of their year.
Maybe start a company in another country and pay the company all the money you acquired.
Wait...are cryptocurrencies even considered property that can be taxed in israel? If not couldn't you just convert your $$ back to BTC, become a resident in another country, and then pay taxes in that country?
don't
wtf man they are from UK and got their banking license literally last week
they will rape him with AML/KYC
I think if you fly to another country, then pay the company the $$ (thus making it so the money was never acquired by the company "in israel"), and the company is not based in israel, then you (personally) didn't profit $750k - you invested all of it into the company you founded.
I really know nothing about money laundering or taxation in israel...maybe ask your accountant or lawyer about what would happen if that $750k went into a business you founded overseas. Also make sure the country you pick for your business does not double tax you: (i.e. gains tax on the business, and a wage tax on you as its sole employee being paid money from its account)
>Wait...are cryptocurrencies even considered property that can be taxed in israel? If not couldn't you just convert your $$ back to BTC, become a resident in another country, and then pay taxes in that country?
I can't, I don't have another nationality.. and I can't just leave my country to live elsewhere either
>Can't you write the government a check from a foreign bank? Or do your taxes need to paid payed out of an israeli bank?
has to be paid by an Israeli bank and they don't accept money originating in crypto..
Essaie de parler avec une banque canadienne francophone. Ça pourrait t'aider.
Does israel's government require that you pay your taxes from an israeli bank account? If not, then why not just write them a check from your foreign account?
Maybe you don't even need to use the israeli banks as a middleman and you can stay legit without all the headache
I keep saying they do require it via an Israeli bank lol
>has to be paid by an Israeli bank and they don't accept money originating in crypto..
Go to your bank, have your phone in your pocket to record audio.
Sit down with a representative.
Explain that you have $750k in actual money after cashing out in bitcoins in a foreign bank account and that you need to transfer some of it to pay your taxes.
If they refuse, you at least have a reason for why you can't pay your taxes now.
When they try to come after you, lawyer up, give your lawyer the recording. Hopefully when a judge hears the recording, they will understand that you've been put in an impossible position: you've made money legally (you sold your property in a foreign country and got money in a foreign bank; bitcoins are considered property from what I just read), cannot access the money, and now are expected to pay out money from the money you cannot access
yea that's what I'm thinking, already have an email from my bank saying they don't plan on taking my money even though I have documents to prove it is 100% legit and a history of all the transactions and everything
this is so stupid
are you an idiot? local bitcoins has deposit to bank. You can make them go to your bank deposit directly into your account then send you a "no refunds" receipt for your records and you never have to see them or hold cash.
You must be baiting.
This is unironically a big problem. The can't cash out meme is true. What swiss bank is that?
There is really no way to fix that issue if those cucks don't accept foreign transfers
How much is the tax?
>I can't just leave my country to live elsewhere either
why not, you have 750000 dollars