Recent content by tomst

I assume the relative’s detail is not needed in the initial tax reporting form in most countries, unless the tax return is currently being investigated. I guess the question is: if all the OTC-related bank accounts have been opened using receiver’s ID without any known bank account owned by the...

After one executes trade with some OTC seller, to sell crypto and receive fiat, the receiver's bank account will receive a fiat transfer. Can the receiver claim this as a gift sent by a relative in another country? Because receiver usually doesnt need to pay any gift tax, so the receiver...