In today's video, I'm gonna sharing a list of some of the best countries in the world out there for cryptocurrency investors. In some cases, there are 0% capital gains tax rates!
Link to article: https://coinsutra.com/tax-free-bitcoin-countries/
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
The Netherlands is pretty okay with just an effective 1.2% :-)
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Great info, as always, but I think there are a lot of easier ways to avoid taxes. keep it up!
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#1: Denmark (allegedly they have no taxes on crypto whatsoever)
#2: Belgium (no cap gains but this may change)
#3: Austria and Italy (Evidently no cap gains though the future is unclear.
There is a lot of speculation out there on taxation but the truth is that very few people have a firm grasp of the tax implications, shelters, strategies and other aspects of taxation on large crypto gains. The laws and regulations are changing quickly so do your diligence and go STRAIGHT to the horses mouth (eg. the websites of the tax agencies of those countries in question).
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The UK is pretty good tbh. We have to pay capital gains tax but I think there are only around 5% of people that are expected to pay actually do. It just isn't enforced that much.
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Denmark 🇩🇰 will be the best in cryptocurrencies investors with 0% tax, there is so many countries that have this advantages o 0%tax interesting video from @louisthomas show us some countries with this features.
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Those are some interesting countries, if i had to move to one of them, i would go to Singapore! I wonder if Germany or the EU is interested in pushing a Union wide law on Cryptocurrencies but that wouldn't really benefit you since Brexit and all lol.
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zig zag isnt goin to last too long.. it will takes its speed sooon .... HODL HODL HODL is all what to do
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Thanks for the info. It is quite interesting that most of the countries you mention are European. I think that a citizen who has his cryptocurrencies in a cold wallet or in exchanges without KYC can get rid of the taxes in any country of the world. Correct me if i'm wrong.
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cryptocurrency market is going to be much lower than before. Cryptocurrency market in this week is expected to return exactly as before. Now let's see what is expected that the currency market will return to us in the same way as before and we will not have to wait long for this week. A report is available inside the crypto currency market!
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We have to wait now for the right time when the market will be correct cryptocurrency then we have a good share market.
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Unfortunately don't have enough crypto that I would feel obliged to move country and with CGT allowance at £11K I will stick to the UK
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There are many ways to avoid paying tax here in the UK not cashing out is one way,cashing out small amounts and having lots of addresses stored in lots of places is a good thing to do.keep up the good work!
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Can't complain about the UK tbh officials aren't exactly intrusive atm. While that could change you can get away with a lot as of now.
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Video taken down?
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Unfortunately my country is not on the list. Can you tell me about the taxation of crypto currency in India.
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no... india is poor... :p
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I see you are from India too. 😋
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Thank you so much,you give us great information. Cryptocurrency Investors (0% Tax!) It's a really amazing man.
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