Originally posted on 06/24/2017:

Quote Originally Posted by Mac4Lyfe View Post
How do I wash my bitcoin gains at CB? I'm thinking they will report it on withdrawals? I have a bunch of other wallets but not sure what my method should be yet? I'm still just buying but I probably should take a bit off the books. I'm thinking it's as easy as sending to bitstamp or another non US then send to bitpay card?


Fukk - I forgot Bitstamp has the following

Under the Foreign Account Tax Compliance Act (FATCA) foreign financial institutions are obliged to report financial accounts held by U.S. taxpayers or foreign entities in which U.S. taxpayers hold a substantial ownership interest.
Keep withdrawals to your bank account from CB under 10K right?


you can also use a wallet that has a debit card. I have Xapo. I think wirex is another. They have vaults also. You can use it like a V isa card anywhere and you can pull out money from any ATM. Also, don't forget about BTC atm's. There are more and more everywhere.