Ghengis Kaarhis
VIP
The ilmo baraaf repatriation movement is now in no doubt moving forward in full force! 
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Good to for future, but for right now they just killed all my plans for summer wallahi abihi wase
Do you have a tax free allowance ?
UK is 12k per year
thats a violation anything after that is 20-40 percent tax
Bless reer Murica, its 10 to 20% max here if you sell within a year, and like 5 to 10% max after that.![]()
i'm gonna have to look into how to get american citizenshipBless reer Murica, its 10 to 20% max here if you sell within a year, and like 5 to 10% max after that.![]()
Do you have a tax free allowance ?
UK is 12k per year
thats a violation anything after that is 20-40 percent tax
Get an Isa account you can link your savings/investments to it and be tax exempt for upto £20k.
~13 days left for the Tether reckoning.
It can be a big nothing burger.
However, if you have nearly all your life savings in crypto right now, consider risk protection.
whats risk protection?? isit insurance?
~13 days left for the Tether reckoning.
It can be a big nothing burger.
However, if you have nearly all your life savings in crypto right now, consider risk protection.
Whats a isa account ?
20k?
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Whats happening in 13 days?
Get an Isa account you can link your savings/investments to it and be tax exempt for upto £20k.
Same here in Finland, every transaction/converting from cryptocoin to another is taxed, any gains even if it's unrealized is taxed, if you bought goods with crypto it's taxed, the tax is at least 34%.tanking? it's gonna hit it's ATH
I started to inform myself about crypto taxes in Canada.....wallahi I'm fuming right now, it's daylight robbery, you get taxed on unrealized gains and you get taxed crypto to crypto @Desert Flower was right f*ck this placeso fucking unreasonable one of the few places that enforce that. Gonna try to learn how to use monero to hide this shit and get different wallets abohodo a wassaan
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Same here in Finland, every transaction/converting from cryptocoin to another is taxed, any gains even if it's unrealized is taxed, if you bought goods with crypto it's taxed, the tax is at least 34%.
The only way you avoid that is by sell-low-buy-high strategy