What makes crypto traders different from an ordinary filing?
Crypto held with a foreign exchange is foreign property in most reporting regimes even though the asset itself has no location, and the reporting is due whether or not anything was sold. An ordinary preparer applies the general rule and stops there, which is how the relief in the specific provision goes unclaimed.
Can you work with my existing accountant?
That is how most of these engagements run. They keep the domestic file, we take the cross-border piece, and the boundary is agreed in writing so nothing is done twice or missed.
How do you allocate crypto gains between two countries' tax systems?
Allocation depends on your residency status in each country and, in some cases, where the trading activity is managed rather than where the exchange itself is based. We review your residency ties and trading setup together, then apply treaty rules so the same gain is not assessed as taxable income by both systems.
Does becoming a resident of a new country reset my crypto cost basis?
Many countries apply a deemed-disposition or basis step-up rule at the point residency changes, which effectively resets the cost basis used to calculate future gains, but the rule and its mechanics differ by country. We identify the applicable rule for your move and document the basis reset properly.
Which country taxes gains from an exchange based somewhere else entirely?
The exchange's own location generally has little bearing on which country taxes your gains; what matters is your residency and, for business-style trading, where the activity is directed from. We confirm both before determining which jurisdiction has the primary right to tax a given disposition.
I work remotely from another country for a company back home — who taxes me?
Usually the country you are physically in, because employment income is generally sourced where the work is done, with your residence country taxing it as well if you are resident there and giving credit. Three things follow: your employer may acquire withholding and social security obligations where you sit, a treaty tie-breaker may be needed if both countries call you resident, and a short trip that becomes a long stay can cross a residence threshold nobody was watching. See remote workers and digital nomads.
How would a foreign tax authority know I am resident there?
Mostly from information you or your bank already provided. Account-opening forms ask you to self-certify tax residence, and that certification is reported between authorities under the Common Reporting Standard or, for US accounts, under the FATCA framework. Beyond that: employer and payroll filings, property registries, immigration records and the tax filings of anyone who paid you. The realistic planning assumption is that the data arrives. See FATCA and information reporting.
