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4 votes

How should I pay tax for Bitcoin arbitrage?

You may be overthinking this. From a tax standpoint, your situation isn't conceptually much different from buying a used car for $1000 and selling it the next day for $1200. The key is going to be ...
TTT's user avatar
  • 47.2k
2 votes

I have money in a bank in South Korea and need to get it to the United States

phone the bank say you want to do a "wire transfer" It's that easy. You'll have to give them the "account number" of your new bank in the USA. Very likely, you will have to fax them a form, ...
Fattie's user avatar
  • 13.8k
2 votes

Why are preferred shares in the Korean market traded at a discount?

Preferred stocks are bond-like with a fixed dividend (unless it's a floating rate issue) and a redemption price. Because of the redemption price, there is less of a chance for price appreciation with ...
Bob Baerker's user avatar
  • 76.7k
1 vote

Why are preferred shares in the Korean market traded at a discount?

I don't have the answer but some factors to consider: preferreds pay a dividend in perpetuity whereas common stock pays a variable, potentially higher, dividend buy backs that disproportionately ...
0xFEE1DEAD's user avatar
  • 8,498
1 vote
Accepted

Can I cash out a French check in South Korea?

No you can't. If you have a french bank account you can probably mail it to your bank.
Antzi's user avatar
  • 306
1 vote

How should I pay tax for Bitcoin arbitrage?

Assuming it isn't a scam, because you said you have known them for 15 years. Assuming that the opportunity for that 18% gain is also true. You are proposing the following: You buy $1,000 in bitcoin. ...
mhoran_psprep's user avatar
1 vote

How should I pay tax for Bitcoin arbitrage?

Have you met this friend in real life? This sounds exactly like a scam. Bitcoin doesnt substantially vary in value from place to place save a few countries who heavily restrict it. Beware and double ...
Vality's user avatar
  • 1,886
1 vote
Accepted

How to allocate assets between asset types and tax-benefit accounts?

Your situation with the tax-benefit pension account is far better than mine. I have access to a tax-benefit pension saving scheme where it is not possible to terminate the contract at will, even if ...
juhist's user avatar
  • 6,743
1 vote

How to manage the money I got from "lump-sum housing lease"?

It sounds risky. Well, not overly so, but what do you do in this scenario: You buy the house for 300m You pay 50m and use 250m from the renter deposit. Great. After a year the renter MOVES OUT. And ...
TomTom's user avatar
  • 11.5k

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