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rPman2017-04-22 19:04:01
Cryptocurrency
rPman, 2017-04-22 19:04:01

Is it possible to legalize income from speculative trading on unregulated, cryptocurrency exchanges?

While I am studying the issue, since the real possibilities are at the level - 'grandmother said for two'.
To legalize speculative trading in a large market, there are exchanges that act as a tax agent, but what if the exchange is not a tax agent and is generally unregulated. When I read tutorials on the Internet, I almost everywhere see either ambiguity or silence, from which such a wild definition of profit follows that the tax should be paid not on the total of transactions for the period, but on each pair of transactions bought/sold that turned out to be profitable (t i.e. it will not be possible to open two counter orders for buying/selling on different trading floors - because you are guaranteed to get 13% almost from the turnover).
The exchange market in cryptoeconomics is not large, but already noticeable. You can trade not only in tandem with fiat currencies, but also without leaving the cryptocurrency zone. Moreover, you can trade not only cryptocurrencies but also mining capacities (although this market is half empty, and therefore wild and there is a lot of fraud on the part of exchange platforms, so I can’t imagine how you can make a profit there now).
To make a profit in this area, there are two main areas - the actual speculation and the sale of analytics and signals (perhaps the sale of the algorithm can also be attributed here, but indirectly).
You can also make a profit by lending your cryptocurrency to other speculators, more and more exchanges are offering this by introducing margin trading.
Actually the question is how and what to do?
Please do not answer with options - do not pay taxes, cryptocurrency = anarchy, etc. I can answer this myself, only such an answer will not bring benefits NOW, and income may appear already 'tomorrow'.
I understand correctly that countries such as Russia do not provide any tools for the legal conduct of such activities, which means that any income received in this way automatically becomes illegal?
Offshores by itself, but will living in the Russian Federation and the current trends towards deoffshorization turn out to be fatal for this combination (unfortunately, it’s impossible to dump, this requires money before and not after this move). Which jurisdiction is currently the most convenient for the business indicated in the question?
I understand that it is better to contact lawyers with such questions, but which ones? what is the selection criterion? What are the prices in this market? I really don’t want to turn out to be that sucker from which the consultant will take a large amount, weave three boxes and let him go.

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Dimonchik, 2017-04-22
@dimonchik2013

go to the lawyers, at least the mess will be removed: the
stock exchange does not and cannot act as a tax agent, the agent is a broker, there is
no idiocy "from each transaction" either, taxes are complex (the price for the date is in the range), but quite ordinary and the periods are ordinary
none The legislation does not know cryptocurrencies, but it knows very well:
- the income of an individual
- entrepreneurial activity
- types of activities that require licensing
in these three pines, the state will serve you

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