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There is plenty of commerce happening in Dubai/UAE and Switzerland that US does not collect taxes on. I have never heard anyone complain about missing out on th
by mavelikara 2y ago
There is plenty of commerce happening in Dubai/UAE and Switzerland that US does not collect taxes on. I have never heard anyone complain about missing out on those.
Only if US tax residents are involved in the commerce does the US care. IRS will find a way to tax the commerce if US tax residents are involved, irrespective of where the crypto-related companies are located.