I published the article Steemit & Taxes where we went through all the facts about crypto & taxes which you can find by going to this link: https://steemit.com/steemit/@fyrstikken/steemit-and-taxes
This article however will give you the guide on how to not pay taxes at all.
So you made a lot of Steem-Dollars, and you bragged to all your friends about it - so now the tax-collector will circle you in and claim a lot of them from you so that they can build more weapons of mass destructions. Of course you don´t want that to happen - so this is what you need to do:
#1 - Become an Offshore-Company, right now - no time to lose!
It is completely legal, you have all the rights in the world to do it - nobody can stop you, and it is the only right thing to do, because - fuck the old power-elite, we will vote them out completely.
So - how do you become an offshore company? - It is extremely easy, it will cost you from $500 and up - but the benefits are worth it, so go to this website and start filling out the form: http://www.offshoreworldwide.com/services/seychelles-offshore-company
#2 - Transfer ownership of Steemit from yourself to your new company with a binding contract
Once you have all the corporate documentation, you simply create a document - you can write it on a piece of toilet paper if you want to, and simply write something like: "I John Smith hereby transfer the ownership of my steemit account to Smitcorp INC for the net sum of $1.00 - ONE DOLLAR" and sign it as the buyer and the seller, since you are representing both parties.
#3 - Your Corporate documents are important so keep them and maintain them
With your new corporate, the doors are open for a whole lot more business then you ever could dream of accomplishing without it, for example you can now register corporate accounts with exchanges and brokers. When you sign up with debit-card providers, you can do that in the name of the corporation
#4 - Never use banks for anything anymore - You don´t need them
There is a crypto-solution for almost anything now, and new solutions are being created faster then ever. If you need to take out Cash-Money for example, register a Mastercard with AdvCash in the name of your corporation and keep everything within your entity that you control completely yourself.
There are still a couple of taxes you have to pay, but at least your fortune is safe!
So now you know how to stay clear from getting most of your money confiscated by the tax-authorities, however - whenever you bring cash money to your hands for spending on yourself, you will have to explain where the money came from so pay yourself a modest salary as small as possible, and then once per year pay yourself dividend from the company and report that as taxable capital gains, it is cheaper.
I hope you found this article useful, please share it with as many #steemers on #steemit as you possible can, so that their #steem can be safe.
