Recent content by ketoz

Moving to what country would be the best option?

Wouldn't it be likely that the banks will ask for proof of work too for these amounts

Thats like selling fifty 1995 Honda Civics for €20k each. Imagine their face when they launch an investigation against him.

That will work short term, but cause issues long term. He will have zero income to his name and suddenly 1M in cash from the sale of property.

I will shoot you a pm

Hm thats right So if they are willing to take crypto directly and split it in 2 invoices. I just leave the crypto invoice out of my bookkeeping and never mention it? Just any taxman, and its over that amount. But using an invoicing factory to my company directly for some fictional service wont...

Long term it wont have any major effects if you ask me

Thats the issue, the crypto cant be mentioned. I have no SOF of these funds. An invoicing factory could cover the amount of funds that i want to pay in crypto. My accountant and the local taxman wont see this second invoice. It will look like i just imported the products for cheaper - BUT will...

The invoice would state a much lower amount then they will have received in total for this delivery. I thought an invoicing company could fix that issue. But the thing is if this will work smoothless long term without issues

Then they would be left with the undeclared crypto - with no source of funds

My situation is as following: I have a retail business and for this i actively import large quantities of goods from China. At the same time i have a large amount of cryptocurrency with no source of funds. I was thinking about this: Lets say i want to import 1000 units of product X for a...