>not using fake names and VPN to access exchanges enjoy the

but anon, losses aren't taxable

File: 1498327300257.jpg (152KB, 808x805px) Image search: [Google]

152KB, 808x805px

>>2713348
>but anon, losses aren't taxable
DELET

They only tax net gains right? Like if I'm down 5% but went up 10% in the year only to lose it all it's not taxed?

>>2713348
This.

I deposited €2 000 from my bank account and then panic sold and withdraw €1 500. They will just laugh at me and won't ask questions r-right?

>>2713336
This post is cancer. It's doesn't hold truth, isn't funny, and you misspelled the sarcastic joke in it. I'll sign up for VPN access into your blown out gay ass OP.

Do I need to pay tax on gains every year, or only in years where I withdraw money to my bank account? If it's just sitting in exchanges and wallets, and I'm not withdrawing or spending, do I have to pay? I just started and haven't turned a profit yet, but just for future reference.

File: 4534253456.jpg (39KB, 465x427px) Image search: [Google]

39KB, 465x427px

>>2713976
sure, they not be interested in those 500 worth of cocaine you bought in the the onion markets.

File: 1465048329414.jpg (126KB, 768x899px) Image search: [Google]

126KB, 768x899px

> tfw you live in a post-communist shithole
> government is totally incompetent especially at revealing tax fraud
> not a single person working for the government knows what cryptocurrencies are

these are good times to be in eastern europe

>>2714033
only converting crypto to fiat is taxable.

>>2713336
Great shop! I had to take a second look because the dev from Bancor looks like she's in a lambo. I'm definitely buying 100k now!

>>2714189
What country? Czech?

>>2714234
almost my friend, Slovakia

>>2713336
>name doesnt match bank account or card or paypal
>purchases get declined
MEME BUSTED

>>2714189
Normally the people you can go and ask about it in person have no idea of anything anyways. The guys making the laws are the ones who know, and probably some inspectors

>>2714302
> guys making laws
our politicians are a bunch of oligarch owned puppets, who's main job is creating laws that suit their masters
I looked up laws on cryptos in my country
to put it plainly there are none
I'm not surprised though I mean the country is falling apart, something they would interpret as a internet scam is the least of their worries

>>2713995
cope

>>2714033
you need to do whatever the law says, and ((they)) can change the law at any time, which is why you stay sovereign by never allowing ((them)) to know about your bitcoins.

>>2713336

this is why I gamble with my coins.

so that I can claim I lost them all.

>>2714189
spain is retarded too luckily

File: 1496860719779.png (1MB, 700x931px) Image search: [Google]

1MB, 700x931px

>>2714189
same here slavbro

>>2714266
Good to know,
Ďakujem!

>>2714939
when you cash out your coins, in spain by default you have to prove that the coins dont come from darknet drug selling and so on

that's the proble, if you use fake names and VPN on exchanges, how will you prove that you controlled these accounts?

how do you even prove this to authorities? you handle them your private keys? thats fucking stupid

if you want to buy a house with your btc, how do you prove that your btc weren't obtained selling drugs etc?

>tfw living in socialist shithole that takes 99% of your income
>tfw cryptogains are tax free for some reason

>>2714266

libi se mi velky zadok!

>>2714990
>how will you prove that you controlled these accounts?
dude you can sign a message with your private key
anyway i dont have any intention on declaring any income, using only cash for now

>>2714266
Very good friend of mine is from Bratislava, but he thinks cryptocurrencies are a terrible thing.

>>2715003
Most European countries don't have laws specific to cryptocurrencies.

>>2713336
does a VPN protect me when I convert my cryptos to USD? My bank won't be able to know that those are my funds, even tho they're deposited into my account, right?

>>2713336
Where in the world are coins illegal?

It doesnt matter if your bank knows where the moneys coming from they care if your paying the taxes on that money your recieving

For the US friends -

https://www.irs.gov/pub/irs-drop/n-14-21.pdf

>For federal tax purposes, virtual currency is treated as property. General tax
principles applicable to property transactions apply to transactions using virtual
currency.

Interestingly, if you mine, it's counted as gross income -- which flies in the face of the fact that it's considered property.

TL;DR - There's lots of ambiguity -- put back enough when converting to USD to cover capital gains if audited.

>>2715020
I know, but how can you prove that the coins you own don't have a criminal origin if you didn't use you real name etc on exchanges?

For example if I made my coins posting on bitcointalk, then traded some on mintpal which is now dead and i lost the trading history... how do I prove these coins are from legit origin?

i want to buy a house with my btc so i need to sell them eventually and cant avoid taxes

im a neet with no work history so when they see 1 million euros on my bank account all alarms will blow up

>>2715063
nothing protects you when dealing with usd

when you deal with usd your privacy is over

>>2713336
>taxman barges into the roams of vaguely suicidal libertarian neets with nothing to lose

God, I would love to see the headlines.

>>2713348
>weak hands teleports behind you
>nothing personal, taxman

>use mysterium VPN to access golem brass privately
>use golem brass super computer to anonymously mine btc
>cash out, don't pay taxes

Why isn't this free money?

>>2714199
You say that based on what ? Why my government cant tax my coincard ?

>>2714189
Dude then don't even know bitcoin where I live (Morocco)

File: bancor.jpg (169KB, 1024x537px) Image search: [Google]

169KB, 1024x537px

>>2713336