Search results

Does IBKR allows you to onboard when you have crypto SOF ? (on the wealth questionnaire)

EDD list because of FATF grey listing ?

Cashing out is just one step, the problem is once you cashout to a bank, it doesn't mean you will be able to access every brokers, because compliance will always apply to the next bank, so you would be stuck with a high fee broker which accepted your crypto platform withdrawals and not all low...

@Thomas67 and @Tom Taylor Right, good points, I opened an other thread on this topic in the same section not to pollute your post

Let's assume you have the choice whether to trade/invest as a natural person or as a company (onshore) in your country of residence, and that the tax will be more or less the same in both cases. For a crypto/defi/stocks/etf, investor and day trader with crypto sof. What should you consider...

it raises the more general question on what are the advantages in general to trade as a person or as a company. (where your company is your vehicle of investments, crypto, stocks, bonds, all your assets) I think with a company it can be a problem because tradfi brokers will treat you as a...

Does it affect the brokers and platforms which will accept residents ? Means for example you would lose/not be able to register access to coinbase or ib ?

https://vinciworks.com/blog/fatf-grey-list-updates-why-was-bulgaria-added/ What kind of consequences for residents ?

if you are requalified for trading under your own name and got to pay social insurance, it will also be 15.6% capped to 5005 per month ? So a max risk of 9369.36 euros whatever the amounts ? The fact to pay already the max GESY does not reduce these 15.6% or cap? So if the company is doing some...

The companies are liable to pay 30% on interest income ? for example if you are trading throught your company and lending,(for example on defi, or on tradfi, or a loan) you could be liable of 30% ? I thçought this 30%sdc was for individuals only (and only the 'not non doms') I thought every...

Is it harder to get a brokarage account for a Cyprus LTD compared to any other european onshore company ? These traders who get the non dom and then trade with their private accout risk to have to pay 19% in social contribution?

What seriously ? You think all people moving their residency to uae will lose their hsbc, sq, saxo, or have harder time with them?

does it mean your bank account could get closed if you move to uae or bank would get annoying(for which you are already client) ? incl non eu ?

https://www.minfin.bg/bg/legislation7/442 here is the law text, who does that apply to exactly ? Companies, self employed, sole traders, individuals (salary/capital gains) ? @algotrader appearently new companies would be affected and it would be calculated as an average from year of creation...

On mobile version, main page does not show anymore "latest posts" which was the most useful page Still here on desktop

Yes good question the calculation needs 2019 2020 2021 and 2022, if I understood it should add a tax of 33% on excess profits of 2022 compared to 120%*weighted average 2019..2021 Either it would mention exemption for startups either it would take the average on the years where the company...

https://www.euractiv.com/section/po...ment-mulls-one-time-33-tax-on-excess-profits/

Let's say you make open onshore company in your residency country, You then bring your personnal assets to the company (which are all declared taxed already), via contribution or loan You then open corporate accounts, you go throught extensive analyzes to prove sof You audit your company...

I meant without deceiving bank which carries risks. Could a bank refuse salary deemed the onshore company trading crypto, simple proprietary trading onshore setup ?(the same way it would refuse crypto deposits even documented)

Hi, most bank refuse crypto wealth deposits. However, is a salary from a onshore proprietary trading firm with trade assets and crypto considered a good proof of funds ? And dividends ? Could a bank refuse your SOF if your salary comes from proprietary trading (including crypto) ? Or will it be...