I only know one exchange where it literally took me 4 hours to transfer a large sum from them to my bank account no question asked. However, the compliance and KYC I did beforehand is probably why it was so fast.
And hence why I'm here lol. I cannot wrap my mind around the taxable event thing. How do I own money to people because I bought x at y, resold at z and re-bought at lower price?
Well, while it's not in the 7 digits now, my point is that I did pay taxes on my crypto for the past two years. And since they're using the whole price sold - price paid to determine income, depending on the market, liquidating assets to pay in the future might be very costly. And with the...
Hi,
In the past year or so, I've been looking more and more about getting creating an offshore company to help me minimize the cost of crypto trading. But I have a few questions...
Can I incorporate a business which does nothing besides getting my money from trades and paying me a salary as a...
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