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 ...
- 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, ...
- 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 ...
- 75.8k
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 ...
- 8,468
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.
- 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.
...
- 136k
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 ...
- 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 ...
- 6,723
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 ...
- 11.6k
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