You are viewing a single comment's thread from:
RE: Team True Colours 7: Curation Report For Week #1 [December 2025]
Surely (and likely to get worse than the EU)! Thank you dear friend♥️
Surely (and likely to get worse than the EU)! Thank you dear friend♥️
Hard to believe it will be worse.
Well, dear friend: next month and probably I'll get rid of my VAT to stay into legality, as I can't bill Steemit and its cousins...
0.00 SBD,
0.17 STEEM,
0.17 SP
What does that mean: get rid of your VAT? With us there's no way you can get rid of your VAT unless you vanish.
I try to explain, even if my English is not enough to a so technical subject:
1)when I proceed with a withdrawal from Steemit and its cousins, the final step is converting this money to FIAT and send to my bank account
2)I must show to the R.S.I that this money is legit and its origins (otherwise, the R.S.I. can call me to give explanations (where this money come from? Who does pay you? Give me names, surnames and physical addresses) and severely fine
3)until now, to stay into legality, I used a VAT number
4)but since next year (maybe 2027, so I must call the entity who is responsible of all the smallest businesses), there will be a compulsory billing of our customers (so it effectively means I'll be compelled to bill Steemit and its cousins all times I withdraw and it's materially impossible, as these socials pay me in fact). Lack of billing means trials and even prison. And no, I'm not eager to get in jail...
5)in my country, billing require compulsory data: names and surnames of the people who pay us, their physical address and their tax number. I can't imagine the street artists (orange juice street sellers also) how the hell they can bill all the many passersby that leave a penny into their hats while they play the guitar, the flute or they draw and paint in the street: our current government is just mad as a hatter
6)so I'll get rid of my VAT (unfortunately, Steemit and its cousins still are my main source of income, so I'll have nothing to write to my accounting-book: since next year or 2027, my only possibility to stay legit with this income is to convert into coupons that don't require the KYC or to withdraw small amounts as it were a pay to play game). In my country is forbidden to stay a long time with a opened VAT while our accounting-books stay empty
7)finally, this means my income will be too much reduced. Coupons is not the same of money: we must used them only in a limited amount of shops and none of them sell food and drinks (if it were in a EU country, there are supermarkets and Amazon accepting these coupons, but here is mainly electronic shops and phone recharges)
Hoping I could explain to be understandable. Such a mishap is a big part of the new tax reform in my country. I'd like to leave, but in this moment it's impossible...
0.00 SBD,
34.91 STEEM,
34.91 SP
So long story short: you can keep writing on Steemit while you think of a way to lay hands on it or wait and safe.
With us, the bank does know everything and what the bank knows the taxes know automatically. The bank also asks a few time a year where the money you receive and spend comes from and there's no way to exchange Steemi into Euro without being registered with your ID and your home address and and and...
I still find it strange if everyone refuses to give their number since it's just a matter of time.
A super creative day/week
🍀♥️
@ wakeupkitty