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Crypto Cash Out - Ireland Resident - US & Irish Citizenship
Yes, you're correct in your analysis. I have looked into Switzerland but still need to look into the double taxation treaty because I'm not sure if being taxed as an ordinary resident is still a possibility which would make the move pointless and would still cause me to eat the 33% Another...- MarlboroRed
- Post #16
- Forum: Tax, Accounting, Licensing & Legal
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Crypto Cash Out - Ireland Resident - US & Irish Citizenship
Value difference (Over 1000%). Multiple transactions over years but majority of gains came from 3-4 transactions done within the last year. To be more clear, I was paid for services the payments came out to around $15k that money sat in BTC for 6+ months which then gained 2-300% and then that...- MarlboroRed
- Post #14
- Forum: Tax, Accounting, Licensing & Legal
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Crypto Cash Out - Ireland Resident - US & Irish Citizenship
Your summary is correct, and no I cannot provide the initial $15k transfer for payment of services No I have no documents. All transactions have been done in my Private wallet not connected to any exchanges.- MarlboroRed
- Post #12
- Forum: Tax, Accounting, Licensing & Legal
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Crypto Cash Out - Ireland Resident - US & Irish Citizenship
Yes In personal wallet not corporate- MarlboroRed
- Post #4
- Forum: Tax, Accounting, Licensing & Legal
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Crypto Cash Out - Ireland Resident - US & Irish Citizenship
Looking for the best strategy to cash out mid-6 figures worth of Crypto. I'm a resident in Ireland with dual US & Irish citizenship. CGT here is 33% and I would love to avoid having to pay that. I would be willing to change tax residencies (preferably to another European country). Fatca is...- MarlboroRed
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- Replies: 24
- Forum: Tax, Accounting, Licensing & Legal