Aus - Bitcoin

Good article for ausfags

medium.com/everycapital/how-not-to-do-your-crypto-tax-in-australia-35509499e021

1. Take that shit off BTCmarkets immediately and mix it (coinjoin for BTC, something else for ETH)
2. If Tax authorities ever come at you: "I lost access to it". They cannot prove you own shit.

Fuck the cops.

And when they audit you and see there’s a ton of cash mysteriously deposited into your account how would you explain that?

>medium.com/everycapital/how-not-to-do-your-crypto-tax-in-australia-35509499e021

^
Shit advice. These dumb niggers don't know how to coinjoin.

You don't sell your BTC and withdraw to fiat bank accounts you stupid fuck.

If you need to use your stack to pay for daily expenses you're a dumb nigger and deserve to be poor anyway.

Use your stack to acquire more assets and diversify. Swap some to USDT and chuck it into a nice 12% p.a. interest account with YouHodler. Get a USDT loan with your BTC as collateral, switch for USD, and then move it to a foreign bank account. You can get foreign bank accs. from Transferwise and other places.

Treat yourself to holidays and toys from companies that will sell to you for BTC. Most places will take it if the ticket price is high enough. If not you're just a broke bitch buying nigger shit.

Why the fuck would you deposit in your account. Get it in cash, bullion or transferred to some offshore/Swiss account where they cant get your name or link it to you.

fuck off, you would start crying and confess in 5 minutes

No you stupid nigger. I work in this tech and know how it works unlike a subhuman leeches like yourself.

I can tell the cops to fuck their mother if they want to fuck all day because I know how to operate my shit and preserve my sovereignty.

I'm not as pathetic and dumb as you so don't assume I fuck up as much as yourself.

wow, what a rare and special breed of keyboard warrior you are, mom and dad must be so proud

>Please stop reminding me of how inferior I am!

based

What if it sits on binance?

How do you get around this requirement if you want to convert into fiat and deposit in a offshore account?

If you have an undisclosed offshore bank account, the Australian Tax Office (ATO) will know about it very soon.

From 1 July 2017, overseas financial institutions must identify their Australian tax resident customers and report their accounts through their local tax authorities to the ATO. The first report, covering the period 1 July 2017 to 31 December 2017, will need to be lodged with the ATO by 31 July 2018. After that, future reports covering the full calendar year will need to be lodged annually with the ATO by 31 July.

Youre on a list now fren

Don't be an Australian tax resident.

If you have money you know how to do this.

Taxation is for dumb and poor people only.

>tfw smart but poor

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Let’s say for example I am an Australian tax resident, I can’t just give up my citizenship and be stateless.

I'm not going to spoonfeed you. If you can't google your way through this then you really don't deserve it.

If you're a wageslave and need to remain in Aus to work and cover daily expenses then you're too poor and shouldn't be considering cashing out anyway.

And no one said anything about giving up citizenship. Tax residency is a different thing.

You're probably just too poor or dumb. Just continue paying tax like a good slave.

>She allegedly ran a syndicate

Fucking boomer degenerates.

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>be me, dualnationalchad
>live in God's own, Australia
>crypto all linked to my european bank accounts

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>Taxation is for dumb and poor people only

>Im not gonna help you with this because i'm not dumb or poor like you
>nothing personal kid
>im just something like a genius

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I would happily pay my tax, I just don't have a fucking clue how much I owe.

jail time for u boy

>t. Dumb and poor person

Bootlicker