BigDevilV
vip

Saying that paying back taxes means compliance is untenable.


Because virtual currency trading is legal in Hong Kong, you use a Hong Kong bank card for deposits and withdrawals, instead of OTC, which is reported to the mainland tax bureau by CRS, and naturally, you will be taxed by the tax bureau on foreign income.
Perhaps in the future, the mainland will also be taxed, but the cryptocurrency space is weakly real-name verified. Withdrawals and deposits do not go through a bank card with the same name. For example, you open an account using your grandmother's real-name information, but for withdrawals and deposits, you use your own OTC account, making it difficult to trace.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)