The strategy of reallocating to a no-to-low tax for years

random000 said:
And crypto is around for 10+ years. Retroactively trying to tax something which was not even regulated properly at that time is theft imo.
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You are 100% correct. In the US, in theory, (at least) it's "guaranteed" in the Constitution that
"No Bill of Attainder or ex post facto Law shall be passed."
1709237491741.webp


Source: https://constitution.congress.gov/browse/article-1/section-9/
 
do we have any topic just about the source of funds / source of wealth?

And how to move to a 0 tax country since you need to have some wealth as a requirement to be a resident. let's say investing XXX thousands.

How problematic it may be not to have sourcing of funds at the moment you are applying to these residence programs

Last edited: Mar 1, 2024
 
cryptodefi said:
Why tax evasion? What I just did is to buy and sell cryptos over the years, even before the government knew what crypto was.
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This is precisely the issue that we all face who back then bought or received cryptocurrencies and just let them sit until, for example, today. - There is no excuse for not having reported it to the tax authorities, from their perspective, even though at the beginning they did not at all recognize it as a currency.

If you want to convert them into fiat without worries, I would create a new thread inside the mentor group gold and ask there again; then you might get some different answers.

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