Recent content by MrTambourineBTC

Lol the level in ALL the comments. "bUt Muh eUrOPe..." "bUt muH Ai..." "13% bAD.." "thEy fReEze yOur CrYpto" Alright I explained very clearly how tax for crypto works in portugal in case someone is interested which clearly the people that commented here are not. muted all notifications also so...

1-i gathered these informations from the sources i posted. i imagine you haven't taken a look at those if you're asking this question. Then I gave all that info to Claude AI and confirmed all of it. AI is just one more tool to quikly gather, translate and sintetize information. 2-i did contact...

first, the 2 articles you quoted have it all wrong and mixed up indeed is sounds convoluted. The first article doesn't give any info anything about the category B i mention or the simplified regime, the second one mixed the "standard tax rates starting at 15" with the 15% coefficient under the...

Registering as a self-employed/business, you can enjoy a very attractive tax rate under the simplified regime (less than 200k€ profit a year). Only 15% of your earnings are taxed (the rest is considered expenses). This is confirmed by several sources, tax consultants, and even the Portuguese...

Lmao the crimeometer on this thread is through the roof!! I'm definitely not writing down any of this ✍ I would use the last strategy in a more shady/small (yet KYC) cex. I'm sure binance/bybit can have eyes on such activities and flag both accounts the first time it happens especially for...

Yes I don't plan on offramping all my money for now. Yields and opportunities are so insane in crypto that for me it would make sense to keep my bag in crypto until low-mid 7 fig hopefully in a few years. And cash out smaller amounts legally in the meantime. If I sold my house for 150k, that's...

This is all clear to me but I don't understand why the first purchase is made via cash. Wouldn't it make much more sense to simply deposit my 50k€ legal money into Binance for example, buy USDT, and then with that 50k€ purchase simply start withdrawing in 50k€ chunks to several banks? I would...

Yes, I'm fully aware. Would need to find a formula that can work. But I think there are several options in Portugal: -I read from 2 different sources that you can be fully legal crypto trader and only get taxed on 15% of your winnings IF you only make up to 200k€ net per year. I'm going to...

I think it's a solid plan. If I get hit by anything by the Spanish Hacienda at any point I can hit back with my Portuguese tax residency and portuguese future tax returns. The Portuguese crime would just consist of a little 2k salary coming from crypto via some fake or not so fake company or...

Yes, as far as I know there is no penalty for not filing the 030 form (besides a max 100€ fine), so a possibility could be: Leave for Portugal, rent a nice house, get tax residency (and why not NHR 2.0, even thouh I think it's useless for capital gains and dividens unlike NHR 1.0), do all the...

lol that's so retarded. Europe SUCKS. Yes that was my understanding as well. Another retarded measure where you don't own any fiat yet still you owe fiat.

thats is not true though? in Spain, crypto swaps do count as taxable events (BTC to USDT, etc). and that's all I've been doing for 4 years, trading, airdrop farming, yield farming,arbitrages... I mean I've been all overthe place, probably tens of thousands of defi transactions. I'd be extremely...

Yeah if s**t hits the fan I'm totally ok with paying that fine, like I mentioned what worries me deeply is them accusing me of those being my wallets, and saying I owe them a huge amount in taxes. But I don't think as things are today this would be possible for them and not sure if that would be...

Well if I want a permanent solution to my ever growing crypto portfolio "problem" at some point I'm going to have to leave. There's no other way around it. The only way they could hurt me with an audit would be by linking 15-20k of yearly expenses for the last 4 years (through nexo/crypto.com...

But the current NHR 2.0 doesn't include capital gains or dividends, right? It's only for income tax from what I digged into it. I was very close to going for NHR + Malta/cyprus in 2023 but I had a lot of uncertainties and in the end didn't end up pulling the trigger. If I went back in time I'd...