authorized – What to do whenever you genuinely do not perceive something about taxes, but are apparently anticipated to pay them in your Bitcoin?


I’ve simply learn a large webpage from Swedish Tax Company about Bitcoin. I am not attempting to “be cute” right here, however I need to say that I did not perceive a single factor of it. I perceive Swedish completely, but haven’t any clue in any respect what’s being mentioned on that web page.

It is this web page:

It does not appear to be out there in English, so possibly it is not very helpful to hyperlink to it right here.

All I can interpret from the web page is that the federal government violently hates Bitcoin and I am supposed handy all of them my cash as a result of in any other case they (supposedly) will throw me in jail. Ever since I first bought into Bitcoin, I’ve had zero ideas or intentions of ever giving anybody one single satoshi apart from the transaction charges. The idea by no means even struck me. It felt like one of many major factors of Bitcoin to do away with all that silly BS.

The principles for when and the way and the way a lot to pay, and even in what forex, are so extremely cryptic and sophisticated as to make me significantly unable to understand them.

If I can’t perceive the legal guidelines/laws, what am I presupposed to do? They speak about every kind of kinds and particular circumstances and apparently anticipate me to calculate all types of issues and hand them large parts of my hard-earned BTC. I have already got so little, and now they need to take a large chunk of that away?

I remorse attempting to learn up on this as a result of now it looks as if I can by no means purchase something (comparable to a spot to reside) and even point out that I personal any BTC or they’re going to include the cops and drag me away to a cell and/or seize all my electronics. Or possibly “simply” punish me financially with large charges or one thing. Once more, they make it extraordinarily unclear, however use a really hostile and boastful language.

I want I had been exaggerating and that I am simply “performing dumb”, however I actually can’t comprehend the data on that web page. It appears to me that it has been intentionally designed to not be comprehensible, as to make individuals who learn it scared and avoid Bitcoin totally. How on Earth can different individuals comprehend any of this? I am not legally “mentally challenged”.

What ought to I do? Re-reading the web page again and again is not going to assist, simply as doing the identical by no means helps me in different contexts. I do not need to get into any hassle, however I additionally can’t give them any of my Bitcoin, nor pay for any theoretical “positive factors” that I’ve supposedly made, utilizing fiat. I’ve nearly no fiat cash in any respect, and if I’ll purchase a house, I need to do it instantly with Bitcoin — not changing it to fiat. I do not know if that makes a distinction.

Apparently, I’ve the mind capability to take care of Bitcoin Core, and even automate it with its API, however nonetheless really feel like a 5-year-old little one when seeing these tax guidelines. Not solely is it “boring”; it is totally nonsensical to me. Once more, it seems like they do it in goal. Nothing is made clear in any respect.

If it issues: All my Bitcoin had been paid both with Localbitcoins in early 2013 (previous to KYC/AML, utilizing native financial institution switch), and later Bisq (no KYC/AML, P2P, SEPA financial institution transfers). I’ve by no means used any centralized change, but it surely’s not like I have been totally nameless nonetheless.

I am clearly afraid of sending them a letter and asking about my particular scenario, as a result of then they may know that I’ve cash and doubtless begin pestering me about “unpaid taxes” or one thing. I significantly by no means even thought of this till fairly not too long ago, at present even. To me, Bitcoin was (and is) utterly separate from the fiat cash system, and thus their taxes can’t apply to this. I used to be prompted to look into this after seeing anyone point out taxes for Bitcoin in a USA context.

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