Where are you guys moving when you cash out your crypto wins

Tanzania

>>1965190
idaho/montana/wyhomoing

i live in seattle area... king county taxes be retarded


dont move to Oregon or cali retards lmao

>>1965190
my sister lives in idaho I could move there and live with her for the required amt of time so i can pay limited taxus

>>1965201
Can I ask how state has anything to do with taxes you'd be liable for? I thought they're all federal taxes that apply to digital currency.

>>1965190
I'm not gonna "cash out" because when they reach my goal I won't have to. Just stake PIVX and buy stuff with the PIVX rewards.

>>1965208
They are that guy probably didn't read the op properly

>>1965208
Second question. I'm a US citizen but recently obtained my Italian citizenship. Anyone know about Italian or EU tax on crypto? Yes I'll google it now too.

>>1965208
>>1965213

after I cash out im going to buy property and the taxes where i live are dumb, also oregon and cali have state income

>>1965223
The thread is about dodging the federal capital gains tax you'd have to pay on earnings. In certain countries capital gains taxes do not apply to crypto

>>1965208
It really doesn't matter that much. Most states levy an income tax, and some states have a capital gains tax of some sort, but it's nothing compared to what Uncle Sam wants in most cases.

People still do it though. I live in Nebraska and it's not uncommon to see people retire in South Dakota where the taxes aren't bullshit.

>>1965190
Just cash out to Bitcoin and buy stuff online

>>1965250
what can i buy online for a million dollars

If you cash out holdings you have had for over a year you might be able to avoid a long term capital gains tax depending on your income level.

>>1965252
gold

>>1965252
http://www.jomashop.com/audemars-piguet-watch-26566bcood305cr01.html

>>1965190
Nice try, IRS and FBI

https://en.wikipedia.org/wiki/Tax_haven#Examples

For Americans Delaware is the obvious choice.

>>1965252
You can buy 1kg gold bars with Bitcoin, no questions asked:
http://www.bitgild.com/

There are probably numerous American equivalents.
Though it's probably smarter to buy Krugerrands or other very common gold coins than gold bars with serial numbers.

Beware though there's usually a limit above which the purchase must be reported. In Europe it's 10000€ per purchase.

>>1965221
If you're not living in EU you're not a resident for tax purposes.

Only USA considers you a lifetime member of their privileged tax system, no matter where you live or where you earn your money.