Goverments taxing all coins...

[athena2007]

Here in thailand we have military rule and they are thinking well they will implement taxing of all coins...so i will find another way to store and trade ...not sure how..

What would you do if your goverment started taxing coins ..???? 

Would you make a wallet in another country that doesnt tax you  ??? 

[Robin21]

We should move to Malta. Since there is no tax and gambling allowed!

[CryptoAnt]

You could try to make another wallet in a different country but, let's hope they do not find it and tax that too. ☠️

[CaptainLorca]

Its a question if you tell them and if you're traceable right? Make it a ghost thing.

But its bad if you use it in the "usual economy".. thats like escaping from the tax. 

[niki014]

I don't get it, what do you mean by '' Here in  thailand we have military rule and they are thinking well they will implement taxing of all coins...so i will find another way to store and trade ...not sure how.'' they can't see how much you have or tax money from your wallets, you will have to pay tax only if you cash out!
Here on crypto currency withdraws to the bank account the government takes 10% profit tax even if u ain't up government takes 10% 
so if you deposit 10k$ lose 5k$ and cashout 5k$ they 'll take 10% profit tax from the 5k$ left  
Also why you have to search for a new way to store and trade you cryptocurrency? 
 

[Kate]

16 hours ago, niki014 said:

I don't get it, what do you mean by '' Here in  thailand we have military rule and they are thinking well they will implement taxing of all coins...so i will find another way to store and trade ...not sure how.'' they can't see how much you have or tax money from your wallets, you will have to pay tax only if you cash out!
Here on crypto currency withdraws to the bank account the government takes 10% profit tax even if u ain't up government takes 10% 
so if you deposit 10k$ lose 5k$ and cashout 5k$ they 'll take 10% profit tax from the 5k$ left  
Also why you have to search for a new way to store and trade you cryptocurrency? 
 

He converts the money to fiat or send it to a bank and of course the bank will tax on that

[niki014]

1 minute ago, Kate said:

He converts the money to fiat or send it to a bank and of course the bank will tax on that

Not the bank! the bank has its own taxes but when you cash out bitcoin to the bank the government sees from where the money came from and take 10% profit tax tax ( its 10% here in different countries different tax is some countries its 30-40% lol )

[Kate]

50 minutes ago, niki014 said:

Not the bank! the bank has its own taxes but when you cash out bitcoin to the bank the government sees from where the money came from and take 10% profit tax tax ( its 10% here in different countries different tax is some countries its 30-40% lol )

Omg lol I am saying that he uses his bitcoin for real life things too ffs lol