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Cryptocurrency

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    Originally posted by FrontEnder View Post
    I was thinking of exchanging a good chunk for USDT when it hits 10k, then hopefully BTFD.
    Brown trousers time fully engaged. Just made 2/3's of my portfolio in dollars now.

    Had to update my daily withdraw limit:

    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    Comment


      Originally posted by scooterscot View Post
      Capital gains on what? There's no property here. Even still I'm not UK resident. It's a grey area, perhaps Queenie and the PM's better half can lend me some advice.
      Capital Gains on the gains you've realized after selling "whatever" for more than you bought.

      Comment


        Originally posted by AtW View Post
        Capital Gains on the gains you've realized after selling "whatever" for more than you bought.
        Also I read somewhere the German law was tax free BTC gains if you'd owned them more than a year, anything bought/sold in the 12-month is considered for income tax. Just saying, get some tax advice if you're in Germany, or elsewhere.....all this lovely pump profit might bite one in the nether regions.

        Comment


          Originally posted by glebe digital View Post
          Also I read somewhere the German law was tax free BTC gains if you'd owned them more than a year, anything bought/sold in the 12-month is considered for income tax. Just saying, get some tax advice if you're in Germany, or elsewhere.....all this lovely pump profit might bite one in the nether regions.
          Will do, only 6 weeks ago from passing the 1-year mark.
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            Timing is everything.

            Comment


              Unless your crypto holdings are held for min 1 year (requires evidence) you pay tax.

              Looks like the authorities will be coming for scooterscot.

              Comment


                Originally posted by TheGreenBastard View Post
                Unless your crypto holdings are held for min 1 year (requires evidence) you pay tax.

                Looks like the authorities will be coming for scooterscot.
                Is there evidence somewhere I own Crypto?

                Anyway, unlike tax dodging UK, I've not got a bugbear about paying tax.
                Last edited by scooterscot; 28 November 2017, 11:09.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  Originally posted by scooterscot View Post
                  Is there evidence somewhere I own Crypto?
                  Blockchain innit?

                  Comment


                    Oh yeah - how could you forget me with such a catchy name: SADGIJN4234325ASDGDFS34224423FGFd
                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                    Comment


                      Originally posted by scooterscot View Post
                      Oh yeah - how could you forget me with such a catchy name: SADGIJN4234325ASDGDFS34224423FGFd
                      NEVER post your private keys, you should know that Scoot....

                      Comment

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