How the hell do we avoid the Taxman?
The one question all of us ask ourselves:
Jonathan Wright
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Robert Morgan
>withdraw at Bitcoin ATM
>spend huge fees
>never use the cash
Leo Russell
If I made nice gains I wouldn't mind paying tax desu.
Leo Morris
fake your own death
Jordan Gomez
Do this to avoid capital gains tax. You can deposit the money in your bank, as long as the irs doesn't know your wallet address, you can say it was just one investment. If you say that at the peak you split your Bitcoin, putting half in cash and half in a scam, you can count your capital loss against your capital gains and pay nothing.
This is of course illegal and I do not endorse it.
Blake Rodriguez
Kill them... in minecraft.
Gabriel Wright
Why don't you just pay your taxes?
Liam Gutierrez
nomadcapitalist.com
pls come to puerto rico land is cheap and living expenses almost nothing with mainland wages pls i had to eat a Haitian to survive I think i contracted a worm
Kevin Rogers
move to puerto rico immediately for act 20/22 tax treatment. you stop paying taxes on any gains after you move
Jack Wood
Never cash out any significant amount, take out loans against your crypto stack and purchase real estate that you rent out with the loan money, liquidating only what you need from your stack to get the ball rolling.
Your wealth is a good debt vehicle and nothing more. Learn 2 rich people.
Elijah Bailey
yeah, also "move" to puerto rico for sure
Jordan Davis
How do you do this
T. 231500 link
Oliver Foster
Offshore asset protection accounts.
Jaxon Reed
I am not even america, but i want to go to Puerto Rico because of the sluts there.
Chase Jenkins
Im not all about being robbed
Ayden Scott
you dont. you wont even be able to cash out at all if you live in the US since what you are holding is an unregistered security. but dont mind me, keep jacking off to those imaginary digits on your computer
Colton Phillips
>take out loans against your crypto stack and purchase real estate that you rent out with the loan money
Yup that's pretty solid.
Luis Brooks
>you wont even be able to cash out at all if you live in the US
Thank god im not a burger
Jayden Nguyen
"why dont you just let the bvll fuck your wife?"
Colton Mitchell
Gibraltar.
Peace
Ian Reyes
what happens if you can't remember all of your transaction histories?
Colton Adams
Then the IRS will estimate it for you and charge you some fines. Burden is on you to prove them wrong. They wont underestimate.
Lincoln Harris
You don’t want to avoid the Taxman. Some NPC will report you if you have a massive change in living standard. Or you’ll try to buy some property with cash... You’ll have to pay the tax eventually and probably a nice fine with it. What you need to do is pay the tax up front or find someone to launder it for you in some other way (to offshore company) and then only use it overseas for big purchases.
For most people your best bet is to just pay the tax, anything else is too complicated for you.
Jackson Cook
>Guns.
>Lots of Guns.
>Lots and lots and lots of guns.
You can afford them now
Charles Nelson
1) crypto-to-crypto is technically taxable but there's zero way to actually enforce this until you convert back to fiat and withdraw anyway
2) buy whatever you can in crypto. Technically you're supposed to pay capital gains upon selling crypto for goods/services, but again, not really enforceable. Exception is if you do a large purchase like a car/house or whatever, where it's like paying in cash in that they'd be legally required to report it to the IRS for suspicious behavior. But smaller purchases are whatever.
So basically don't cash out until you need to. Keep stuff in stablecoins after you've made it if you don't want any market volatility. Only cash out to fiat a little at a time for what you need to buy with fiat. Be careful about large deposits to the bank, as those get reported to the IRS. But also don't purposefully stagger deposits to be under the reporting limit, because this will ALSO get you in trouble with the IRS and get your funds seized. But it's important to remember that THE GLOWNIGGERS CAN ONLY SEIZE FIAT ASSETS FROM THE BANK. They can't seize your crypto unless you're a moron.
Gavin Foster
Basically either pay or move to a Puerto Rico under Act 22, or a country with no capital gains tax and renounce your citizenship
Colton Young
can you really live in puerto rico as a white millionaire without getting gang banged by cartels and shit
Adrian Long
what if you just pay for shit directly with crypto?
you can buy bullion from some sites now, I can only see more and more sites giving this option
Blake Sullivan
Don't fucking try to cheat the IRS, or else Stone Cold Steve Austin will Stunner you.
CAUSE STONE COLD SAID SO
Give me the fucking microphone.
Listen up.
I'm sick and tired of all you non tax paying cryptofags running your mouths.
Every single day you come out here, you make the same damn posts. "How do get out of taxes" this, "capital gains taxes" that.
Well guess what I'm gonna do?
I'm gonna take my mouse
>WHAT?
I'm gonna click on the post number
>WHAT?
I'm gunna start typing in the reply box
>WHAT?
I said I'm gunna start typing in the reply box!
>WHAT?
I'm going to tell it how it is
>WHAT?
I'm gunna call you a retard who can't stomach 20%
>WHAT?
A degenerate who can't pay his dues back to society
>WHAT?
A smart individual that recognizes that taxation is theft
>WHAT?
A fucking anarcho capitalist!
>WHAT?
I'm gonna solve that captcha
>WHAT?
The one with the fire hydrants
>WHAT?
The one with the stoplights
>WHAT?
The one with the bicycles
>WHAT?
The one with the cars
>WHAT?
The one with the busses
>WHAT?
The one with the CROSSWALKS
>WHAT?
I'm gonna click submit
>WHAT?
I said I'm gonna click submit!
>WHAT?
I'm gunna derail the thread!
>WHAT?
Send all you IRS scamming idiots back to Uncle Sam!
>WHAT?
That's right, I said I'll send you back!
>WHAT?
AND THAT'S THE BOTTOM LINE
>WHAT?
CUZ STONE COLD SAID SO
Ayden Howard
ngmi
Jason Johnson
Fucking cuck. Go to reddit.