Thai tax authority website seems to disagree with you, unless my translation is wrong. Or do you want to argue that someone selling crypto in Thailand is not using a wallet located in Thailand?
https://www.rd.go.th/fileadmin/user_upload/lorkhor/information/manual_crypto_310165.pdf
Actually they will treat the source of income from crypto to be where the wallet is located.
Here is a (unofficial - check for yourself) translation of the document from thai tax authorities
https://www.rd.go.th/fileadmin/user_upload/lorkhor/information/manual_crypto_310165.pdf
What is...
Does anyone know specifics on how much deposit Monaco banks currently require to open an account and get the documents for residency?
Once you have residency can you transfer your money out of the bank leaving just the 500k officially required?
To create one big image you would need to do a lot of screenshots and join them together in image editing software, mspaint can work for that, you can drag down at the bottom of the ‘canvas’ (white box you are drawing in) to keep extending and image and pasting more parts, that sounds like a lot...
Press print screen button on keyboard, open ms paint and paste with ctrl + v, save your screenshot.
If it’s a big conversation where you need to scroll up and down you will need multiple screenshots, you can paste them together in paint or just save a bunch of files might be easier.
Another...
Are you referring to offering crypto exchange services to clients or trading one crypto of your own for another? I didn’t think that was for the latter.
I think they just recently added VAT a since a few years ago.
Yes that is correct the issue is cashing out the crypto to your bank, there are ways to do it but basically involves hiding from the bank that the money comes from crypto. (For example sell crypto to a company who will pay a made up...
Would this be a good option for UAE resident?
I know you can hide the origins of the crypto withdraw and use a local UAE company and bank with fake invoices to cash out but that feels like it could be getting into illegal territory and I would be concerned about getting accused of money...
I thought Dubai would be the most bulletproof option, isn’t it just 6 months stay per year required for the tax certificate? You could cash out everything that year and then in future maintain your tax residence just by visiting every 6 months, I don’t think the tax certificate is going to be...
I am not the original poster, someone mentioned moving to Ireland where taxes are drastically lower, from what I’ve read crypto taxes in Ireland are 33% so I asked if a company set up is required for these low taxes.
I am aware of the UAE option and that does seem like the best for anyone...
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