JOHNNY DOETHE LIFE WHISPERER

High Tax - how to lover or remove

CryptoDane

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CryptoDaneNew MemberAuthor
Joined
Feb 2021
Messages
6

#1

Hi there

I just became a Gold Member after I´ve been using the site for "inspiration" over the last months. But unfortunatly i haven´t quit found my solution yet.

I have earned some money in Crypto, for now 6 digtits USD, plan is to make it into 7 in the next years. Unfortunatly i have to pay 52% tax on it in Denmark, and thats a bit to high if you ask me.

So i need to find a way to lover this, or completly remove the tax if possible. I know how to keep anonymos on the Internet, behind VPN, Tor and stuff like that. But im not sure on what the best setup is. Is it Company setup, Dark paper account, private account in non tax country - i don´t know.

I would like it to be a solution with a card and the possibility to get cash from an ATM, in the beginning i will only be withdrawing 1-2K / month, but will probably raise over the years. The money will be used on the extra things thats make life better, so not for housing or likes. Also it would great if there is a possibility to invest in other ares with the money from the crypto, just to diversify my income. And of course a long term solution if possible

Moving away from Denmark isnt an option, but i can travel to make papers if needed(Easier after Corona though)

All input are much appreciated, and if theres a thread where its all explained in, please let me know - I couldn´t find it.

uplanaFake user - Alias of JohnLocke
Joined
Apr 2009
Messages
2,704

#2

CryptoDane said:

best setup is. Is it Company setup, Dark paper account, private account in non tax country - i don´t know.

it may not be the best but it is a possible way of hiding and avoiding taxes for some period.

Today you are looking into more advance structures for your business if you want to reduce tax. I know folks like @Fred @Gediminas and @AlexPCx are people that can help to setup something for you that can work for some years at least.

CryptoDaneNew MemberAuthor
Joined
Feb 2021
Messages
6

#3

Thanks @uplana
Im not sure a advanced structure us the right thing yet, for now i would like to be able to get some money out once in a while, and then work on growing the rest. And then wait with the more complex structure until the money is bigger ;) Im already in dialog with Alex so hopefully we find a solution

uplanaFake user - Alias of JohnLocke
Joined
Apr 2009
Messages
2,704

#4

That's good, also speak to @neweraoffshore he is also good with some mainstream solution.

cyprusbankerFake user - Alias of JohnLocke
Joined
Jan 2011
Messages
332

#5

Speak with @Fred , @Gediminas and @AlexPCS one of them has a good solution for you to use.

boomyFake user - Alias of JohnLocke
Joined
Sep 2020
Messages
831

#6

OP how did you get setup, I'm curious also to learn who you have got help from?

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