Topic: Better to get your crypto-coins out of USA ? (Read 149 times)
Where are you going to take them? I mean you should keep them in your offline wallets, of course, but in terms of taxation, pretty much every country is going to eventually tax it anyway. I'd rather pay my tax and have peace of mind rather than constantly worry about what the government will do when they see the winnings I made off of cryptocurrencies.
Quote
Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut.
https://news.bitcoin.com/trading-bitcoin-for-an-altcoin-wont-shield-you-from-the-irs-anymore/
Bitcoin wallets has no demographic, unless you're using coinbase or exchanges as wallets.
reading how this plays out is it comes down to the adage "don't keep your coins on an exchange." it's that simple. This is only going to target the coins on an exchange and when you transfer coin to fiat and coin to coin. This would be one consequence of the IRS targeting Coinbase.
Lol, your crypto coins are not in USA, they're in blockchain 
. It might be that you as a citizen are affected, but you cannot "get your crypto-coins out of USA". Bitcoin is somewhat traceable so if someone wants to hide the funds, he will move to monero or some other coin which is fully anonymous.
. It might be that you as a citizen are affected, but you cannot "get your crypto-coins out of USA". Bitcoin is somewhat traceable so if someone wants to hide the funds, he will move to monero or some other coin which is fully anonymous.
Greedy uncle SAM want your crypto's
https://www.coindesk.com/uncle-sams-surprise-tax-reform-impact-crypto-investors/
https://www.coindesk.com/uncle-sams-surprise-tax-reform-impact-crypto-investors/
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