Hey guys, I have one interesting topic to discuss.
I think it will be valuable for lots of people here.
I know lots of people here moved to the UAE, and we would have to do the accounting and all of that crap.
I pay my contractors and employees in USDT that I buy from my bank or just for cash that I get from my personal bank account.
How will I claim my crypto payments as an expense?
Please share your experience if you ever claimed a crypto purchase as your company expense.
My accountant said it would be no problem to claim it as an expense, but I want to hear how it works in real life.
I think it will be valuable for lots of people here.
I know lots of people here moved to the UAE, and we would have to do the accounting and all of that crap.
I pay my contractors and employees in USDT that I buy from my bank or just for cash that I get from my personal bank account.
How will I claim my crypto payments as an expense?
Please share your experience if you ever claimed a crypto purchase as your company expense.
My accountant said it would be no problem to claim it as an expense, but I want to hear how it works in real life.