RE: Being a Trailblazer Ain’t Easy
My question is why you are trying so hard to pay taxes. Technically I should probably declare crypto to the government as it has value but there are no specific laws on it yet and I pay too much tax already from my regular job. Money that gets burned by the government on a daily basis.
You've tried. Well done, but why so much effort. You have covered yourself going forward with the paperwork and phone calls if you document it. If they can't tell you then how are you suppose to know what to do.
From my side I will be avoiding this for as long as possible. Once it's not going into my bank account they don't know anything about it for now. By the time I want to sell any it will be going to bitcoin and used on a card so it will never hit my irish accounts.
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ööööö because they can put me in jail if I don't pay my taxes. In Finland they can check bank accounts and everything if they suspect someone isn't paying their taxes. And I want to make sure they don't just start sending me some insane 20 000 euro bills because they don't know the actual numbers nor how this should be taxed in a fair manner. Do I wanna give the government money, ahh, hell no, do I have to, yes.
If I just have to tell what I have sold into fiat, then it's super easy, that was the law earlier, but they have changed the rules so now I have no idea how to report this shit.
Finland is tough. I think they were the country that jailed half the bankers back in the day as well weren't they. The ones during the market crash? Our country isn't half as good when it comes to that.
I would actually be surprised if we Brough in crypto regulations in the next 5 years and tax evasion would be a slap on the wrist.
Our bankers almost collapsed the whole country with the things they did and I think one person got jail.
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