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Topic: Question about customs and taxes for BTC. (Read 2228 times)
I can’t even imagine how they want to realize taxes, or simply take over mass control over the exchanges, but I think someone who wants to be able to hide their cherished BTC, but in general of course I don’t want any taxes.
you think too much I guess. when you plan to go travelling just go and enjoy it, but I think if you go travelling with your laptop it isn't necessary, it's just because bringing laptop isn't practical. you can leave it at your home and of course your wallet will be save. If you still insist to bring it perhaps you need to encrypt the data and save it in another device. But, I haven't seen somebody gets trouble with their belonging in the airport, not even in the movie. So, I just wanna say don't worry, just enjoy your travelling, even if you get question by the officer in the airport, act normally.
As far as I know New Zealand is the only country that demands on inspecting your mobile devices (laptops included) if it contains illegal documents and/or cryptocurrencies that you haven't declared when you are entering the country. However I don't see any news/reports that the U.S. customs are doing it in their country as it could be counted as invasion of privacy which a lot of people are saying that is currently happening in New Zealand. About declaring what you are bringing in the U.S. you should declare monetary instruments you have brought by entering in the country, so I am not so sure if you will declare your BTC or not.
Hi everyone.
Tell me pls. if I'll plane to visit US. Can I take my laptop with me?
I mean is custom service or police looking at content of laptops from people not-residents of US?
I'm talking about arrival to airport. For example NY.
Are they in charger to ask me - show them what I've got on my laptop? And further question, if they found bitcoin wallet on my laptop, what whey can ask to do, or what they will do?
Do I need to declare that I have BTC wallet on my laptop?
Thank you very much for answer.
P.s.
I'm planing to visit NY and just wondering is it worth to take my laptop with me or not ( in such occasion)?
I think bringing a laptop with bitcoin content, it might not be a problem, what matters is that it doesn't damage your situation. Tell me pls. if I'll plane to visit US. Can I take my laptop with me?
I mean is custom service or police looking at content of laptops from people not-residents of US?
I'm talking about arrival to airport. For example NY.
Are they in charger to ask me - show them what I've got on my laptop? And further question, if they found bitcoin wallet on my laptop, what whey can ask to do, or what they will do?
Do I need to declare that I have BTC wallet on my laptop?
Thank you very much for answer.
P.s.
I'm planing to visit NY and just wondering is it worth to take my laptop with me or not ( in such occasion)?
Just don't mention your wallet. There shouldn't be any issues at all.
Unless you specifically told them about what you are holding bitcoin related then noone would ever know.
EFF's guide for travelers carrying digital devices at the US border. I can't think on a better resource. It doesn't mention Bitcoin though:
https://www.eff.org/wp/defending-privacy-us-border-guide-travelers-carrying-digital-devices
https://www.eff.org/wp/defending-privacy-us-border-guide-travelers-carrying-digital-devices
Just don't mention your wallet. There shouldn't be any issues at all.
Hi everyone.
Tell me pls. if I'll plane to visit US. Can I take my laptop with me?
I mean is custom service or police looking at content of laptops from people not-residents of US?
I'm talking about arrival to airport. For example NY.
Are they in charger to ask me - show them what I've got on my laptop? And further question, if they found bitcoin wallet on my laptop, what whey can ask to do, or what they will do?
Do I need to declare that I have BTC wallet on my laptop?
Thank you very much for answer.
P.s.
I'm planing to visit NY and just wondering is it worth to take my laptop with me or not ( in such occasion)?
Tell me pls. if I'll plane to visit US. Can I take my laptop with me?
I mean is custom service or police looking at content of laptops from people not-residents of US?
I'm talking about arrival to airport. For example NY.
Are they in charger to ask me - show them what I've got on my laptop? And further question, if they found bitcoin wallet on my laptop, what whey can ask to do, or what they will do?
Do I need to declare that I have BTC wallet on my laptop?
Thank you very much for answer.
P.s.
I'm planing to visit NY and just wondering is it worth to take my laptop with me or not ( in such occasion)?
I don't think they will ask to see what software you have on your laptop.
Generally speaking you must declare the value of "hard assets" that you bring into the country that is the value of your laptop itself. Other examples would be clothing, jewelry, cash, furniture.
If they attempt to search your laptop and find that the whole drive is encrypted... they will ruin your trip to America, especially if you refuse to provide the password.
I think that it would be smarter to leave your bitcoins at home and uninstall all bitcoin software from your computer.
I think that it would be smarter to leave your bitcoins at home and uninstall all bitcoin software from your computer.
Deniable encryption is a wonderful thing. "oh my password? password123"
http://www.truecrypt.org/docs/plausible-deniability
Math rocks!
Normally they won't search your Laptop. I have traveled US several times and nothing happened like this with me. They can search your laptop if they found any unusual activities or someone inform. So i think it would be better to uninstall all Bitcoin software from your computer.
If they ask you if you are carrying any cash on you, so long as the prvt keys aren't in your laptop or physically on you, you should be able to say No
He said the laptop has his bitcoin wallet. Where do you keep your private keys?
If they ask you if you are carrying any cash on you, so long as the prvt keys aren't in your laptop or physically on you, you should be able to say No
let's be honest. you're just afraid that custom service or police will find porn on your laptop.You never thought to worry about your BTC wallet
Anticipate the worst from the USSA.
Wipe your computer before hand of anything & everything they could possibly use against you.
Use a brain wallet or use a Truecrypt vault to store your private keys in the cloud.
Wipe your computer before hand of anything & everything they could possibly use against you.
Use a brain wallet or use a Truecrypt vault to store your private keys in the cloud.
I just get the feeling that would be like some form of invasion of privacy if they didn't warn you before hand they would be doing so. Also without reason for doing so I think it's like an Illegal search and seizure is some form or another. This is I'm not sure what you can really do about except make a stink and contact some legal reps.
Quote
The best way to get an answer that is to start at cbp.gov and find a way to contact someone to ask them, because what matters is what they think, not what the other departments think. Personally, if I were travelling to the US, I would go to that site, find a way to contact the appropriate department there, get a response, print it out, and keep it with me in case my laptop was examined and bitcoin did come up.
That's the best approach, but it is highly unlikely that you will get written answers to the questions because no one knows. Even if you get answers, the official in charge of letting you in may think differently and none of us can know what he'll do. Be cautious! and update this thread if you get any info from them.
I don't think anyone knows yet so there may not be a good working answer to your question.
My $.02.
This.My $.02.
FinCEN (US Financial Crimes Enforcement Network) treats virtual currency as money, similar to currency vs foreign currency. I don't know if they are involved in or care about customs/border protection at all.
IRS (US tax administrators, not tax law makers) advise that they believe virtual currency is property for tax purposes because it has no central authority.
TSA allegedly harrassed someone wearing a "bitcoin not bombs" t-shirt regarding carrying bitcoin when the person actually had buttons with bitcoin logos on them. If true this was probably and uninformed low end TSA employee and not necessarily a policy thing.
The best way to get an answer that is to start at cbp.gov and find a way to contact someone to ask them, because what matters is what they think, not what the other departments think. Personally, if I were travelling to the US, I would go to that site, find a way to contact the appropriate department there, get a response, print it out, and keep it with me in case my laptop was examined and bitcoin did come up.
The matter is that I'm trading on BTC-e and other markets and I can't just uninstall my wallet or not take my coins with me.
If I'll make so, than I should cancel all deals.
That's why I'm asking is BTC are taken like currency by US gov. or just goods? If goods I have no need to declare them with me, if like currency - probably I will have to.
I'm not talking about huge amounts. totaly about 10-12 BTC on my wallets
If I'll make so, than I should cancel all deals.
That's why I'm asking is BTC are taken like currency by US gov. or just goods? If goods I have no need to declare them with me, if like currency - probably I will have to.
I'm not talking about huge amounts. totaly about 10-12 BTC on my wallets
I don't think anyone knows yet so there may not be a good working answer to your question.
My $.02.
The matter is that I'm trading on BTC-e and other markets and I can't just uninstall my wallet or not take my coins with me.
If I'll make so, than I should cancel all deals.
That's why I'm asking is BTC are taken like currency by US gov. or just goods? If goods I have no need to declare them with me, if like currency - probably I will have to.
I'm not talking about huge amounts. totaly about 10-12 BTC on my wallets
If I'll make so, than I should cancel all deals.
That's why I'm asking is BTC are taken like currency by US gov. or just goods? If goods I have no need to declare them with me, if like currency - probably I will have to.
I'm not talking about huge amounts. totaly about 10-12 BTC on my wallets
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