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Old 12-28-2020, 02:38 AM  
k0nr4d
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Join Date: Aug 2006
Location: Poland
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Quote:
Originally Posted by Alex CZ View Post
Asking for a friend.
What is the cost effective way to cash out xxx,xxx and minimize tax bill?
In Poland it's unregulated and there are ATM machines all over the place where you can withdrawal cash from your BTC with no documents or KYC at all. You can then drive this cash to CZ.

That being said, I don't know what you'd do with $xxx,xxx in cash since you won't be able to buy anything useful with it other then food, cloths and alcohol... so it's probably best to just pay the capital gains tax on it and actually be able to use the money.
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