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by newaccount74
1101 days ago
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The problem with an anonymous crypto donation is that it is hard to convince the tax authorities that this is what is was. I've had some trouble with foreign income during an audit from my tax authorities. It took me a while to find the correct documents that the tax authorities accepted as proof for where the money came from. And that was for 100% legal income. If you get an anonymous donation in crypto, you have zero proof where that money came from. The tax authorities will have no reason to believe it was an actual donation, and chances are high you'll end up having to pay random taxes and a fine. |
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