Fair dues

[georgelupino]

How is tax evasion and not money laundering detected in many third world countries? If somone hasnt declared like 60 million usd of bitcoin because of taxes but were using an anonymous crypto debit card to make regular everyday purchases at subway, shell gasoline, ebay, ect... how miggt they get caught sooner or later assuming they did?

 

[MANX Agency]

Tax evasion is illegal and will bite you eventually but tax avoidance is fully legal. If you have 60mil then you should know what you are doing, even with a fraction of that money you should still be smart about it.

 

[roydan]

Tax evasion is illegal and will bite you eventually but tax avoidance is fully legal. If you have 60mil then you should know what you are doing, even with a fraction of that money you should still be smart about it.

It starts much below than 60M, buy running your business in a certain way, you can save on taxes as soon as you start making money.
Most people go to an accountant without knowing they really need a tax advisor, too.

 

[MANX Agency]

It starts much below than 60M, buy running your business in a certain way, you can save on taxes as soon as you start making money.
Most people go to an accountant without knowing they really need a tax advisor, too.

Agree, I started looking for a solution at my first 10k online lol. 60mil is a crazy sum

 

[Deleted member 1920510]

Agree, I started looking for a solution at my first 10k online lol. 60mil is a crazy sum

I agree also