samson
Legendary
*
Offline Offline

Activity: 1708
Merit: 1018


View Profile Personal Message (Offline)

Ignore
January 02, 2019, 11:34:10 AM


Thanks man, I totally forgot haha!

This year will be strange paying taxes, on 11.2k / BTC (in NL you have to pay 1.2% on the value of your crypto on the first of january of the fiscal year). But not hard to do, I love my country so I have no problem paying some taxes.

Is that a 1.2% wealth tax? Do you have to pay that on all assets every year? Yikes!

LOL, who would do that? Who would declare their crypto holdings and pay taxes. Does NL government know how to evaluate the crypto holdings? Is there a guidline how to determnine the market price, which exchange to use? How about determining price of the illiquit coins? So you have a ton of shitcoin, worth at 1 dollar per shitcoi, but if you ought to sell it, the price would collapse to 1 cent. How do you pricve thats into account?  Do you also have to take snapshots of online items such as game items that could be sold for money? Do you have to pay 1.2% tax on money you have? If you earned 1 million and paid all income tax and on top of that, at the end of the year have to pay 1.2% ? This is ridiculous. Statement - i love my country, so i pay taxes is ridiculous. Like - i love my country too, but i love myself more, therefore i am not happy of paying wealth tax.

Fuck that, I wouldn't pay any and I would take the steps required to make sure I never have to pay any. This is one of the reasons why I left Euroland decades ago.