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So, is the rise in Bitcoin’s popularity leading to more Wrench attacks? Anyone got insights on this? And are big-name Bitcoin holders ready to handle the Wrench situation?
- No-tax crypto strategyFeb 13, 2023
Tax loophole. Not evasion. I think its the perfect scenario. Buy and sell with Swiss addressed wallet, gift the cash to American Coinbase.com and cash out, tax free, but report the gift on American tax return.
- No-tax crypto strategyFeb 13, 2023
So this is a good idea? Buy and sell with Swiss addressed wallet, then gift to American Coinbase.com and cash out tax free, reporting my income as a gift on my American tax return?
- No-tax crypto strategyFeb 13, 2023
So what about if I sell them with my Swiss-addressed wallet, then gift the cash to my American addressed Coinbase.com account? Theres no tax in America on gifts received. But they do have to be reported.
- No-tax crypto strategyFeb 12, 2023
So, I created a wallet with a Swiss address. But I registered it using my US passport, tax ID, and bank account. If I go ahead and trade crypto while being based in Switzerland, do I actually avoid capital gains taxes?…