yes the likelihood of them auditing everyone who declares a loss on crypto is 99%
I'm Irish - How Fucked Am I?
Leo Rodriguez
Caleb Stewart
This is why I'm just gonna not pay a cent.
Matthew Campbell
I can deduct crypto losses I made yes, but my gains vastly outweigh my loses.
Nicholas Anderson
Then how do you cash out without alerting Mr.Noseberg? AAAAA THE MEME IS REAL
Lucas Morgan
What? I'm irish too. As far as I'm aware, we don't pay tax on the equivalent we put in plus 1300. Then its CGT. What is this?
Andrew Garcia
In Germany and Austria, yes.
If you bought 3 BTC at $20,000 and then, when it's at $21,000, sell those bitcoin to buy Litecoin, then you made $3000 gains and declare it.
If bitcoin went down in $ price, you'd have a loss and can subtract it from your gains to be declared.
On exchanges like Bittrex of Kraken, you can download all your trades in .csv format and you can download all closing prices form coinmarketcap.
Christopher Hall
Goys, this is getting stupid. I'm proposing we all move to south America and buy a neighborhood in Bogotá.
Their law enforcement is so appalling that we'll need to hire our own thugs to keep our district safe, and we can have our own pubs that allow smoking inside and tax free booze. This is already happening there, certain areas have private security forces which is the basis of a state.
Venezuela is too crazy at the moment but it could be an option to buy up some land on the Caribbean coast near Aruba so we can bug out to Dutch Aruba in a pinch and do whatever we want without the pesky gubberment trying to put their fingers in our butt holes.
Brayden Lee
You don't pay tax on your first €1,300 profit. Everything after that is 33%.
thejournal.ie
I should do that
Is it possible to do citizenship marriages in South America. Completely serious.
Wyatt Walker
>You don't pay tax on your first €1,300 profit. Everything after that is 33%.
What if you send €1300 worth of coins to family or friends you trust and get them to cash it out and gift it to you
Ian Adams
Just put into Monero, then back to BTC and declare you bought monero at like $40 or something. Nobody can prove anything. Ez.