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RE: What happens if you withdraw $1 million dollars from Coinbase into your bank?

in #life7 years ago

If you're dealing with non standard six figure profits always talk to an accountant. Maybe you could live overseas for a year to cut taxes or deposit over years, who knows? An accountant that's who knows!

Also if you're investigated it'll likely be closed if you explain you got into Bitcoin early and got lucky. The government will tax the cash and be happy.