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Replying to Avatar Leviticus Mathew

Is there a "straw purchase" law for Bitcoin? If my friend gives me $250 and I buy $250usd worth of Sats on my exchange and tansfer to them IMMEDIATELY, theres zero profit for me, so there should be zero taxes. Does that create a problem I'll have to deal with?

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Achilles 4mo ago

The moment you convert into any currency is considered as “taxable event” in Ger.

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