Can one bypass UK crypto taxes by sharing wallet details with a trusted overseas agent who liquidates the asset and transfers the resulting funds back?
hey, im not sure theres a safe loophole. using an overseas agent sounds like a gamble, and law enforcement gets smarter each day. better to play it safe or check with someone who knows the ins and outs of crypto taxation.
hey guys, im really intrigued by this. so far i haven’t seen anyone pull off using a trusted overseas agent to dodge the uk tax bit but i wonder if that even works atm? it seems the authorities are getting pretty smart about tracking down crypto transactions so i suspect even if you make it work at first, it could pop up later on. also, what happens if that agent gets into hot water? im curious if anyone actually reserached any cases or if this is just a theory. how does the system even handle a transfer like that? would it be seen as a legit sale abroad or just a nasty workaround? anyone got more info or personal experince to share? would love to hear your thoughts