Went to the lawyer today.
If you live in Belgium you'll have to pay tax on every crypto to crypto trade. Whatever you earned on that, your tax will mostly be 33%.
>I'm already in huge tax debt
>Only 5k in fiat left
>Netherlands only pays 1,2%
>No more good vibes
TAX for Belgium
Jayden Howard
Eli Rivera
wtf happened there? source on those kids?
Colton Rogers
>inb4 dumbasses defend the kid
He beat up and raped one of the girl's little sister.
Leo Hughes
how will they link anything to you?
Ryan Mitchell
Girls are evil. The end.
Lincoln Roberts
wtf are they doing to sminems cousin
the gains will never come to those who oppose gods
Benjamin Cox
some user awhile back said that kid raped one their little sisters or something so he deserved it
Oliver Williams
Any allowable losses?
Christopher King
At this point, i just plan on cashing out to gold. The tax stuff seems like a serious headache.
Jaxson Jones
It works like this:
- Tax department probably has my bank transfers to exchanges
- Tax department starts tracking down everything crypto associated and even if they don't find me in the coming 5 years, they still have 10 years left to find me and backtrack everything + I would get fined for the delay
- If I would suddenly cash out to my bank account and it isn't clear where the money comes from, the bank will freeze my account. Then the tax department comes. Then I'll have to explain the crypto etc.
I am actually still one of the early ones going to the lawyer and I still have enough time to get everything in order. I think a lot of investors will be very surprised in the future when the tax guy knocks on the door (or sends a letter).