>buy Ethereum on Coinberry, which is another one of those centralized exchanges with "Know Your Cuckstomer" bullshit, they have my ID and KNOW that I bought 2,000 dollars worth of Ethereum >send ALL of it to a long-time online friend's metamask wallet >friend generates 1,000,000 in profit
I wouldn't have to pay taxes for his gains, right? As long as the trade didn't happen on an address that *I* have associated my ID with, the moment it leaves me, I don't have anything to do with it, correct?
And my friend couldn't possibly be audited as long as he didn't post his Ethereum address anywhere that could confirm his identity, right?
Plus, there's no way for the government to link the wallet of a CEX to a DEX wallet. >literally not me >just some random guy I sent 2,000 worth of ethereum to >why? >he's a friend, it was a birthday gift
Parker Ortiz
How is he gonna convert it to cash?
Oliver Rodriguez
OH NO STEP-IRS I'M STUCJ+
Christian Kelly
>>literally not me how it would go : >just some random guy I sent 2,000 worth of ethereum to >why? >he's a friend, it was a birthday gift >ok you're going to jail unless you pay x amount. >wtf!!! it's a gift lol why do I have to pay- >you have 45 days.
Adrian Diaz
Not in EU.
Unless you convert to cash or buy something expensive with it on a white market.
Jonathan Gonzalez
Pay your taxes user. Also, API3.
Julian Young
Sending money with the intention of receiving that money in order to avoid a tax is considered tax evasion. OP I can garuntee you won't be able to think of something they know of because you aren't jewish enough to outkike a kike.
William Rogers
I'm gonna take the 200IQ play and HODL until major industries and real estate accept crypto outright and avoid the cash out tax bullshit.
Thomas Harris
You would have to pay gift tax nigger. They are better at jewing than you are.