J_BIACK on Nostr: Flag Theory and Tax Planning for Bitcoin and Cryptocurrency Users: Legal and ...

Flag Theory and Tax Planning for Bitcoin and Cryptocurrency Users: Legal and Strategic Tax Avoidance In the world of cryptocurrencies, protecting assets and optimizing the tax burden are priorities. Flag Theory offers a legal and efficient strategy, distributing residence, citizenship and business between different jurisdictions to make the best of each. This allows tax avoidance — the legitimate use of the law to reduce taxes — as opposed to evasion or evasion, which are illegal. Bitcoin self-custody, for example, is a key tool in this planning, providing greater security and tax optimization in some jurisdictions. To exploit these advantages ethically and legally, proper planning is essential. I remember making a video about it.