Live in The Netherlands

>I live in the Netherlands
>I haven't paid taxes on my gains
Am I fucked?

Shit m8, I'm just downloading Vertcoin right now and I'll be amazed if I make 5 bucks, much less 10k

wut for real ? source ?

Give me a call when the belastingdienst audits bittrex.

Trade your bitcoins to various shitcoins with no value recognized by the government before doing taxes.

If bitcoin crashes early next year (I don't think it will but for the sake of exercise) there will be some fucking pissed off people in the Netherlands.

>make paper wallet.
>cut in half
>give have to a friend
>don't have to pay taxes on savings because its not a bitcoin anymore.

strawpoll.me/14599851

I live in the Netherlands and you are talking out of your ass

Do you pay taxes on your World of Warcraft gold?

More like
>make it big on memecoins
>move to literally any other place in the world

Offender. Is that you?

Get off this board and back to /pol/

>the IRS audits Bittrex and Poloniex
>shares info with every single western tax authority as part of the cross-jurisdictional collaboration treaty
>belastingdienst comes knocking on your door with a 300% compound fine in a few years
enjoy owing millions to the Dutch state

Good I’m all in Monero

Is he correct? I thought they only tax you on the money in your savings account. I did not know that you have to declare your crypto.

Don't start giving ideas, you don't know whose here.

>lives in the Netherlands
>doesn't know about box 3 taxation over property and investments
literally don't know your own country

>Not using Monero
>Not mining to a cold storage wallet

you have to declare every single asset, property, investment and currency you own whether locally or offshore
one of the few countries in the world that directly mention digital currencies on the annual tax return
>being this cucked

But if you store your monopoly money on a random wallet how can they even tell you own e-gold?

>ever wanna cash out
>no paper trail
>no bank will work with you
enjoy not ever realizing your gains

1.4 procent sukkel dat is niks

I only bought cryptocurrency this year. I did not own any last year. So when do I have to file my tax return?

>Moreno

pump everything dec 31- jan 1 to troll the dutch

How would you cash out then? I thought you had to transfer it to one of the big ones to actually get any real money.

>Fucking autist never realized you don't need a bank to trade crypto for cash or other goods and services
>Autist never realized you can just send crypto from your cold wallets to a exchange wallet and claim that someone on Veeky Forums sent it to you and only pay taxes on it then

Ok. When Steam accepted BTC, you could buy a game with it and the other person to paypal you and then gift them the game.

They stopped taking BTC on steam, but I understand as doing transaction under $100 for BTC is dumb now with the $10 network fees.

It's amazing to me that the AlphaBay guy made it so far only to succumb to opsec compromises a 12 year old could have avoided. Seems like the biggest downfall of these darknet markets is that they're run by retards.

Holy shit I just looked it up and Netherlands has a wealth tax of 30% of implied 4% yield regardless of actual performance. That’s bonkers. What a terrible economic policy

I live in NL, tempted to become a dutch tax payer for my cryptos.

I invested 48K in february 2016, I now have around 2M euros. How much taxes would I pay ?

How do they know that it wasn't your grandma giving you presents for Christmas?

I mean in Motherland we haven't adopted the law against illegal enrichment, it's still being reviewed by the commitee since 2011, lol.

Just approach a legit tax lawyer who knows if there are loop holes. May cost $100K out of the 2M but you get to keep more that way.

If it doesn't work, consider Costa Rican citizenship.

Really, I'm not a socialist, but I hate when people complain about taxes when they are too lazy or scared to learn a second language.

Hell... You'd probably only need to spend $30K on a house and a $1000 for a maid a year who can act as your translator.

So what happens if you just ignore the taxes?

Prolly something a lot less worse than US Federal Prisons.

In fact, it's probably better living conditions than the people that live next door here in the ghetto in US.

He literally got caught because he used a Hotmail account for the retrieve password section and because he had previously used the nickname alpha02 on other forums with his full name on them.

How did you pay taxes on crypto in the Netherlands? If I bought some crypto this year then I pay taxes next year? How does it work?

So I tell the dutchman I have 2M euro worth of cryptos on January 1. Then I pay 2000000*0.012 :24K right ?

yeah fuck that noise, how can they tax you before there is any money in your pocket, what a joke
i guess they need to find a way to fund all those jihadis and afrikans coming in to culturally enrich their women

>tfw forgot to pay my annual runescape and Wow gold tax

You're gonna owe them around 30k Euros unless bitcoin crashes hard before Jan 1st

once they determine your overall tax liability for the year, they send you a bill. They don't give a flying fuck about whether you have the cash for it or not, you'll be forced to liquidate into BTC and sell off that BTC for all they care

30K out of 2M doesnt sound bad. Thing is I do not own just bitcoins, do I really need to list the 14 shitcoins I own ?

pic related.

or is that just what (((they))) want you to believe?

every last one of them

of course, i mean it's why im investing so hard into crypto

it's so clear that the """EU""" and western governments are actively hostile towards their native population

they are so hostile against them that they are importing the dirt world by the millions (they figure it's cheaper to bring the cheap labor into their country rather than outsourcing it like they used to do.)

everyday more and more bombings, rapes, acid attacks, looting, general anarchy.

it's funny such a big police state apparatus but it's only law-abiding citizens that they go after.

it's called anarcho-tyranny:

>What we have in this country today, then, is both anarchy (the failure of the state to enforce the laws) and, at the same time, tyranny—the enforcement of laws by the state for oppressive purposes; the criminalization of the law-abiding and innocent through exorbitant taxation, bureaucratic regulation, the invasion of privacy, and the engineering of social institutions, such as the family and local schools; the imposition of thought control through “sensitivity training” and multiculturalist curricula, “hate crime” laws, gun-control laws that punish or disarm otherwise law-abiding citizens but have no impact on violent criminals who get guns illegally, and a vast labyrinth of other measures. In a word, anarcho-tyranny.

cont'd:

>Francis argues that this situation extends across the U.S. and Europe. While the government functions normally, violent crime remains a constant, creating a climate of fear (anarchy). He says that “laws that are supposed to protect ordinary citizens against ordinary criminals” routinely go unenforced, even though the state is “perfectly capable” of doing so. While this problem rages on, government elites concentrate their interests on law-abiding citizens. In fact, Middle America winds up on the receiving end of both anarchy and tyranny.

The laws that are enforced are either those that extend or entrench the power of the state and its allies and internal elites … or else they are the laws that directly punish those recalcitrant and “pathological” elements in society who insist on behaving according to traditional norms—people who do not like to pay taxes, wear seat belts, or deliver their children to the mind-bending therapists who run the public schools; or the people who own and keep firearms, display or even wear the Confederate flag, put up Christmas trees, spank their children, and quote the Constitution or the Bible—not to mention dissident political figures who actually run for office and try to do something about mass immigration by Third World populations.
Francis argued that anarcho-tyranny is built into the managerial system and cannot be solved simply by fighting corruption or voting out incumbents. In fact, he says that the system generates a false “conservatism” that encourages people to act passively in the face of perpetual revolution. He concludes that only by devolving power back toward law-abiding citizens can sanity be restored.

Strangely accurate, I hope "anarcho tyranny" catches on.
So you're into crypto to take away big blocks financial power?

I'm Dutch and capital gains taxes here are great, you pay like 2% on the value of your assets above ~25K EUR. This means all the savings accounts cucks pay for the taxes on my 25x gains this year. I could make 10 million and still barely pay any taxes over it

Case file states he had s Lambo, a Porsche, some other car for his wife and a motorbike. Along with this multiple villa’s and millions in bank accounts as he lived in Thailand all based on a really bad front company he made.

He sounds stupid enough to let a hotmail slip

He literally was bragging on alphabay in terms of how rich he was

im into crypto because i can see where this is all going. I also bet on Trump winning and put in a $1000 bet at 10:1 odds in late summer 2015. it was obvious he was going to win for the same reason why cyrpto is going to continue exploding in users.

in a world with increasing insecurity, people are rushing to find a secure place to store their value and are finding fiat and other traditional ways of doing so severely lacking (it's designed this way by """them""")

why do you think so many people are scrambling to crypto (mostly greed for stupid normies) but a lot of savvy people are stashing their money in it as a means of security in insecure times.

its a wild west at the moment and we will see how regulators and governments will react but the way the technology is structured it is a much more attractive alternative for safely storing your savings vs. other ways

Look. Don't ask a fucking burger what to do with EU tax laws. I can guess you can do that, but don't you have like professional tax people there for rich people who want to avoid taxes?

This can't just be a US thing.

Also why not even considering moving out of the country?

Hell... With $2 million euros you can come back and visit every spring or you afraid to go outside?

You hodl runescape gold too?

join to make big bucks discord.gg/dwBNmtD

You live in one of the richest and most peaceful societies. I know paying taxes sucks, but you do not want to end up like the Burgers, so just do it.

But if you are too afraid, just keep HODLing, you will not regret it.

>I also bet on Trump winning and put in a $1000 bet at 10:1 odds in late summer 2015

Haha, well fuck me man......I put down 200 bucks, good for us I guess. What a day that was.

>mostly greed for stupid normies

This is where I think a lot of the value is coming from. Buisnesses should start capitalizing on this and saying they'll take bitcoin but the price is so fucking volatile.
I'm looking at mining Vertcoin tonight, no idea what I'll use it for but the prospect of having a "people's currency" taking away power from the big system, hey why the fuck not?

"You have my steel, my sword, my bow"
....and my...NVIDIA processor.

>pay taxes
>be in holland

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