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So we're all setting up shop in Belarus to get our Crypto profits tax-free?
by neals 9y ago
So we're all setting up shop in Belarus to get our Crypto profits tax-free?
- charlesdm 9y agoThere are plenty of European countries and other tax havens that offer tax free gains with a much better track record of trustworthiness.
- ceasarby 9y agoLike who? Can you provide tax rates and track record, please?
- charlesdm 9y agoNothing an afternoon of Googling can't tell you. Too much work to list them all. Current and previous British crown dependencies (also the UK) are generally good. Unless you're an American. You'll probably be out of luck then.
- KamelAufAbwegen 9y agoYes, a lot of companys stopped do business with Americans. They are all afraid about the crazy US law system. Special in the last recent years, when the US government likes to see everybodys underwear, if you do business with US customers.
- anorsich 9y agoyou got it
- lowry 9y agoBelarus is finishing its first nuclear power station and wants to use the surplus capacity. Initially, they planned to sell it to Baltic countries, but these are in the EU, so it is not yet sure they will cut a deal. EU has a huge anti-nuclear, pro-carbon lobby.
- imhoguy 9y agoNuclear powered ASICs and GPUs without intermediaries, that would be a thing!
- rsynnott 9y agoMore like the EU has a huge anti-Belarus lobby (and for very good reasons). The Baltic countries mostly have their own nuclear plants, with no plans to close them; not that much anti-nuclear sentiment.
- lowry 9y agoDude, you are lying. Lithuania closed its last nuclear reactor, which had been generating 70% of its electricity, at the end of 2009, due to EU pressure. Latvia and Estonia never had one.
- rsynnott 9y agoLithuania's one was two elderly Chernobyl-style reactors which were already past their design life; shutting them was fairly reasonable. I thought Estonia had a couple, but apparently not.
- ceasarby 9y agoYeah, Lithuania making big deal out of this nuclear station. They aren't happy that it's based close to the border and they trying to say that it's not safe, blah-blah-blah, nobody will buy electricity and so on. Other countries don't have issues with this station though, EU checked it and found everything within norms. But every time something happens at the construction, like they pour concrete at the wrong spot, Lithuania blows the whistle. Lukashenka said that it will be build no matter what, and neighbors will have to deal with it.
- shokasg 9y agoBut it is big deal. In worst case scenario, most of Lithuania's land would be no-go zone. Violating Espoo and Aarhus Conventions, lying and covering up accidents, while normal practice in Russia & co countries, it is not in EU. Could you please provide source for "EU checked it and found everything within norms"?
- briandear 9y agoAt such odds with the standard HN complaints about people not paying their “fair share” of taxes.