Veeky Forums, let me pick your brains. I'm not saying I'm going to be doing this yet, if ever, but it's a probability that in the near future I'm going to want to cash out a large amount of crypto (millions) and I definitely don't want to pay CGT. I'm a britbong btw. I won't do anything that means breaking the law, but I will use any legal means necessary to avoid giving money to those fucking kikes on the Thames. I've been looking into opening an offshore account in somewhere like Panama or the Cayman Islands and withdrawing from Kraken to it. Does anyone here have any useful suggestions?
>inb4 hurr nice try IRS
I'm not asking anyone to admit doing this or anything, just if you have any useful information or tips it would be appreciated. Cjeers.
Tax avoidance
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How'd yall become crypto rich
PAY YOUR TAXES
goddamn. You dont fool the taxman, you will get raped
You can cash out through the darkweb. You can buy ~dirty~ cash which is delivered by courier to your door. You then release the escrow. So I've heard.
By being ahead of the market
Fuck off
I don't want millions of £s cash turning up at my door, I need it in a bank so I can make large purchases with it
>I've been looking into opening an offshore account in somewhere like Panama or the Cayman Islands and withdrawing from Kraken to it.
The tax implications would be exactly the same as opening one in the UK
Yeah it was a thought, not looked into it properly yet though
How so?
Youre such a fucking idiot. Hire an accountant, pay your taxes and get your money.
Do you really think you can pull off such a move with advice from some hentai bashing fags? Do you really think you could make so much money without greasing someone else's paws?
Don't be greedy you goofy toothed fanny rash.