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sascuach@lemmy.ml to Cryptocurrency@lemmy.ml · 3 years ago

How do people use crypto for tax evasion? When it's cashed into local currency here, the government taxes that.

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How do people use crypto for tax evasion? When it's cashed into local currency here, the government taxes that.

sascuach@lemmy.ml to Cryptocurrency@lemmy.ml · 3 years ago
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  • uthredii@lemmy.ml
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    3 years ago

    If the government can’t see it being cashed in then they can’t tax it.

  • tardigrada@lemmy.ml
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    3 years ago

    No one with a sane mind uses crypto for tax evasion imho.

    • sexy_peach@feddit.de
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      3 years ago

      no one with a sane mind uses crypto for anything but buying drugs online

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