Menu
Home
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Account Upgrades
Advertise
Marketplace
Money
PerfectMoney
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Home
Forums
Making Money
CryptoCurrency
Taxes and privacy
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Skylar" data-source="post: 17622" data-attributes="member: 942"><p>"Do crypto debit cards report transactions to tax authorities even if the user lives in a third world country?" It depends. Many crypto debit cards partner with financial institutions, and they may be required to report transactions. Regulations differ in each country and some are part of international agreements that track crypto transactions.</p><p></p><p>"How do tax authorities in third world countries find out if someone maybe using a crypto debit card?" Some ways they can track are: if you used an exchange or through blockchain analysis.</p><p></p><p>"Is there complete privacy even in third world countries?" There could be if you use privacy coins like Monero and non-KYC exchanges. Complete privacy takes effort.</p><p></p><p>"What if its a debit card which simply doesnt have a user name?" Again, transaction data can be traced through blockchain analysis or links to an exchange.</p></blockquote><p></p>
[QUOTE="Skylar, post: 17622, member: 942"] "Do crypto debit cards report transactions to tax authorities even if the user lives in a third world country?" It depends. Many crypto debit cards partner with financial institutions, and they may be required to report transactions. Regulations differ in each country and some are part of international agreements that track crypto transactions. "How do tax authorities in third world countries find out if someone maybe using a crypto debit card?" Some ways they can track are: if you used an exchange or through blockchain analysis. "Is there complete privacy even in third world countries?" There could be if you use privacy coins like Monero and non-KYC exchanges. Complete privacy takes effort. "What if its a debit card which simply doesnt have a user name?" Again, transaction data can be traced through blockchain analysis or links to an exchange. [/QUOTE]
Name
Verification
Post reply
Home
Forums
Making Money
CryptoCurrency
Taxes and privacy
Top