Paying online and avoiding taxes, need help

Hello guys, im doing online business and i need to make lots of payments online. Basically, what i earn im reinvesting most of the time. My question is how could i avoid taxes? Is bitcoin the best way? Receive bitcoins and pay people via bitcoin?

Or do you know more alternatives, like private online banks, certain cards, or other systems where i could avoid showing what i paid dor and what i received in order to avoid taxes?

Because so far i used to get payments via bitcoin or paypal for example and then sell it to people who pay me to my country bank iban, but this way im showing taxes so im thinking how i could avoid these taxes you know..

Hello! What country are you in?

I guess they only have access to your bank, not paypal, payoneer, bitcoin, whatever.
But to be safe and grown up, just pay taxes.

Ask the IRS

You should consider opening a legal business name in Estonia as their tax system is different. https://xolo.io solves a lot of problems here.

JonasGreyHound said:

I guess they only have access to your bank, not paypal, payoneer, bitcoin, whatever.

Click to expand...

Fake. In Europe at least PayPal reports to local tax authorities. The same applies to companies that provide virtual IBANs. All data is exchanged automatically, and is there for years to come.

tum01 said:

You should consider opening a legal business name in Estonia as their tax system is different. https://xolo.io solves a lot of problems here.

Click to expand...

This really works?

If you've got a legitimate company and your earning for the year was lets say 1 million dollars, you could potentially pay yourself 50k and invest the rest (950k) into your company. You'd only pay tax on 50k and the rest you've legit invested into your company because you want to grow. This is how the world of business works and there really is no need to try to get out paying taxes.

read tax free wealth by tom wheelwright