How to get out money legit in Sweden?

Hello! i recently started to sell 07 gp and i estimate to make around 1500$ a month and this is too much to just go into my bank account without an explanation to the banks etc. Any Swedes out there got any tip on how to tax etc when dealing with this market, do i have to start a business and go through that way? Any thoughts/tips is appreciated.

 

Have you considered using cryptocurrency?

 

Cryptocurrency doesn't work, when you make large purchases IRL its all on the record, at car dealerships, banks, whatever when it's a large purchase/deposit.

Answer is simple: you either have to pay taxes or tax evade. I wouldn't do the second. You're simply being paid by customers, it'd be another matter if you were doing something illegal like running a private server cos that violates copyright law, what you are doing is only violating a game's EULA.

 

thats an interesting question

 

How would cryptocurrency not work? He's selling osgp for bitcoin directly(I assume). It's not like the gov.t can track it.

 

If you know people that are interested in buying bitcoin for cash, maybe do that. Is $1,500 a lot that a bank would question it? I mean I've done amounts more in a third world country and they've never asked me a question about them. My sister did get questioned but it was something like $20k or so in 1 go.

Also try asking your parents or an uncle/aunt on the tax stuff.

 

He is saying its around $1500 a month, which is $18k USD per year. Its not a small amount. Also the methods of cashing out if linked to banks would be on the system.

If he makes a larger purchase without having paid taxes on the cryptocurrency then it will raise flags in the system.

 

erm. I guess you can use TUSD and outsource the money into another bank.

 

Not sure why you support tax evasion, it'll screw people over in the future if they're making any money to buy anything noteworthy. 18k per year exceeds tax limits.

If it's just to buy groceries then it doesn't matter. If you're buying a car then good luck when the government looks at your financials.

 

Well. He can always file the correct tax' records and be legit. Just give options.

 

Crypto Way

 

If you're planning for a shorter term period with payments, aka less than 2 years, you could easily get past them by telling them that you are selling private possesions (electronics etc) and recieving payment from private sales (which i don't think you have to tax). I don't live in sweden but in my country banks are fine with you giving them an answer like that. However in the end i recommend to just pay basic incometax and list it as freelance or something along those lines.

 

Dodgy road to start going down my friend

 

Look into Sweden’s tax laws. If you need to report it, just report your gross receipts (how much you gold you received during the year). Cost of goods sold is how much gold you purchased. Estimate if you aren’t 100% exact but keep a spreadsheet to keep track of it from no on. Screenshot gold purchases and sales. Any expenses such as website expenses or wages would also be eligible to claim. Like I said, look into Sweden’s tax laws first because I’m going off of usa tax laws which can be confusing af. This is your safest route in my opinion