How to withdraw $2-3m from a German account?

R1ckS4nch3z

R1ckS4nch3z

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I am okay with the taxes but the government is not okay with crypto. What is the best way to legalise this income or private methods?
 
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If it is all in a bank account, then it is aalread legalized ( irrespective of tax paid or tax unpaid) correct ? Did you mean how to get it all from bank account into crypto ?
 
Raj Kesu said:
If it is all in a bank account, then it is aalread legalized ( irrespective of tax paid or tax unpaid) correct ? Did you mean how to get it all from bank account into crypto ?
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OP mentioning the words "withdraw" and "income" , i believe he means liquifying his crypto assets into german bank
 
startpool said:
OP mentioning the words "withdraw" and "income" , i believe he means liquifying his crypto assets into german bank
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In topic : "How to withdraw $2-3m from a German account?" which means the money is already in bank account. But upon reading the topic's OP main post (below the topic), some clarification may be needed.
 
I would assume this question would be asked under the context of turning crypto into cash....

He wouldn't ask if its in the bank already right? :D
 
If u have that money you should contact with a professional. Maybe a lawyer or an agency, to find how to regularity your money
 
You might want to speak to an accountant or a lawyer depending on how this was obtained. There’s a good chance you could get audited tbh
 
R1ckS4nch3z said:
I am okay with the taxes but the government is not okay with crypto. What is the best way to legalise this income or private methods?
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Where does it say that the government is not okay with crypto? There are even tax laws that allow you to withdraw without paying taxes if you hold it for more than 1 year.
 
Why dont you open a bank account in a foreign country?

You are in Europe so the options are endless.
 
INCC said:
Why dont you open a bank account in a foreign country?

You are in Europe so the options are endless.
Click to expand...

The money would almost certainly be reported to German authorities anyway in that case.
 
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