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Recent content by kiripollow

  1. K

    Cash to crypto

    Shall I throw in the towel?
  2. K

    Cash to crypto

    No, it's basically an additional tax over and above a certain turnover. But as I said it doesn't exist yet, and it is rumoured to be introduced at the end of 2025 with effect in 2026. So I'm trying to strategise earlier. I honestly thought this was a non-judgemental space to ask for thoughts...
  3. K

    Cash to crypto

    It's a tourist attraction selling products not subject to tax. About a third of the turnover is cash. Today it would not constitute tax evasion as they're not subject to tax, but early indications suggest they will be in the next 18/24 months. At that point it will likely become tax evasion, now...
  4. K

    Cash to crypto

    I won't go into the details of the business itself but yes, it is perfectly legit. The trouble is with taxation - there is currently a legislative gap which will be fixed in the next 18/24 months, and I must avoid depositing the cash in the bank because, whilst it will be accepted, it will leave...
  5. K

    Cash to crypto

    Brilliant, many thanks all. Since it's all fiat -> crypto, I presume a large global exchange is the way to go. Now the question is: how can I get in touch with a local representative? Since cash would need to be collected from me, I want to add a personal touch flavour. Also, I really don't want...
  6. K

    Cash to crypto

    I have a legitimate business in Rome where I get most of the payments in cash. I'm now thinking to use crypto to manage it since I have several ways to use that as payment method for suppliers, etc. How feasible does everybody think would be to have a simple service that allows me to: meet me...