Recent content by Almouk

So staking fall under Personal Income Tax? And lending criptos? Even having the Non Dom status? I suppose, at least, first 20k are tax free as usual. About this tax circular you mentioned above @CyprusLaw that is not formally published but you have info, can you go deeper or advance the most...

I thought someone, at least could give us a proper information if staking and lending cryptos in Cyprus as natural person considering the Non Dom status would be tax free. What do you think about that @CyprusBusiness @CyprusLaw ? Thanks in advance!

I am wondering if the same taxation and the Non Dom status that applies in the South -greek part- of Cyprus is applicable as well in the North -turkish side- of Cyprus under the same parameters and circumstances. Thanks in advance.

Can anybody confirm if staking and lending cryptos in Cyprus as natural person considering the Non Dom status would be tax free? About traditional financial markets, trading stocks and futures are tax free but what happens if you trade stocks or indexes through CFDs? I guess in this case...

Imagine I move to Cyprus next year. In 2021 I must pay taxes in my country of origin for the profits that I made in crypto during 2020. Imagine I have made 100k. And during 2021 or in 2022, I decided to convert USDT to EUR and receive a transfer to my current account. I have already pay...

Thanks for your feedback and fast answer, @CyprusBusiness . I expected that profits from staking and lending cryptos for a non dom individual - not operating under a company- would be only taxed with the 2,65% on GESI and be capped to 180.000€. Maybe, is what you said so I prefer to ask you...

Very valuable and reliable information with practical examples, @CyprusBusiness I would like to see the Effective Tax between the Unemployment status trading as natural person cryptos (it seems Social Insurance Contribution is not needed to pay ) versus previously mentioned C scenario...

Hi, @CyprusLaw! If the only taxable event is conversion to fiat -no idea if this point is confirmed by Tax Authorities or simply a common practice that is not completely safe-, you can trade as natural person and make profits without paying a penny, staying 183 days there taking in account with...

Hi @i888 and other guys!! I have some doubts, hope someone can clarify me them: 1) About trading crypto as natural person in Romania as only source of income. PIT: 10% Health insurance and social security payments: ??? Any other taxes involved if trading as natural person?? I have read that...

This is what Malta Inland Revenue Department considers: “Any trading income that is made while one is residing physically in Malta is considered as income arising in Malta and taxable in Malta.”

I have the doubt if daytraders can apply to these Digital Nomad Visas trading online as natural person or this kind of activity is not considered for that kind of visas. For sure, some of you can clarify me.

I assume you become tax resident in Romania simply staying -renting a house-183 days there or there is any other requirement involved? So trading crypto as individual -not through a company-, apart of 10% income, which is the amount you should pay related to social security and health insurance...

About trading as person, I know in Bulgaria the amount of social security is limited . You only pay on maximum 3000BGN income (+- 1530 euro) per month the tariff of 13.78%. So the maximum you will ever pay is about 210 euro per month. So 10% on income + maximum 210 euro per month social...

I did not read until now. As you say, apparently no physical localtion, although between the services offered is the representation during tax inspections. Thanks for your opinion. I appreciate it and I will take in account. Wondering what law firm you really recommend. Anyway, as I have the...

You are welcome, @Bagpacker. Thans to you for your suggestions about getting tax certificate in your ous answer. I appreciate it. I received the answer in Jan 2020 as well. They usually respond in a short period of time, but as you say for me the answer is what it is -merely informative, not...