Tax Question

Fucking just call them. Don't ask 4chan for tax advice, /biz/ is filled with 15 year old who buy random shitcoins and have never filed taxes in their life.

I doubt anyone here knows anything about Finnish tax system.

The way it works here is there is no flat rate for your cap gains tax. Instead, any short term gain (<12 months) is treated as income, meaning you get moved into a new tax bracket depending on your gain + base income. So if you make 50k you are in the 15% bracket, but if you make 950k in gains and cash out in less than 1 year, you move up to the 39.6 tax bracket.

The way income tax works is you pay a flat fee of some amount X and then the bracket percentage on any amount over the high end of the bracket. So for 1 mil you would pay around 120k + 39.6% on everything after 430k, which would mean in total you pay like 300k, and are left with 700k.

Thats the states, no clue how it works in Finland

>>3387907
T. Salty nocoiner who missed the rocketship and is now projecting

>>3387954

I've made thousands, but you have to be blind to not see that half the people on biz are retarded.

>>3387868
In America there is a long-term capital gains tax rate, I can't say I know Finland's tax code

>>3388277
thousands with bitcoin, altcoins or both?

>>3388400
BTC, ETH, DCR