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RE: Dana's current 2018 crypto price predictions and suggestions

in #crypto7 years ago

Trying to figure out a consistent, workable approach to tax in this space is a fucking nightmare.

I’d vote for the idea that the government could probably do better off exempting crypto from taxes ‘to stimulate innovation,’ invest in a basket of the top tokens/projects which they could best utilize in building out great solutions, and earn their “tax” via the gains as the use of these technologies expand...

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You should move your assets to a country like Netherlands where there are no capital gain taxes ;) much more easy

You would have to renounce your citizenship and then why would the Netherlands give citizenship to a US citizen assuming Rok is a US Citizen?

It's not that easy.

Canadian.

I'd much rather jump through the hoops of figuring out a strategy to minimize taxes and just pay a fraction back to the country, with gratitude for all the benefits in this country...

I find it really crazy people do pay taxes over capital dividents ... I find this a form of theft. Specialy in the US where most TAX go's to the army :s why people still accept this???