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Any accountant here studies the tax about cryptocurrency

  • 29-10-2021 06:51AM
    #1
    mingo
    Registered Users, Registered Users 2 Posts: 2 ✭


    In Ireland, I wanna know how to operate so that the gov and bank won’t trouble me when I wanna sell some of my coins?


    Thank you



Comments

  • #2
    veil
    Registered Users, Registered Users 2 Posts: 28 ✭veil


    Hmmm! There is a way, declaring a loss........ And other option which might be....... Just visit a tax analyst in real time......



  • #3
    veil
    Registered Users, Registered Users 2 Posts: 28 ✭veil


    If you are selling for cash; then you should really be wary of Capital gain tax; open an account in a no tax paying country on crypto i.e Tax Haven State and deposit the money there...... immediately transfer the money in cash to a fixed deposit account in Ireland; if you need the cash in instanly endeavor to open a minimal period for a fixed deposit account........... There is alot of round about around this method; I can't say all!

    Artificial loss seems to way out ( details are restricted)



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