log☇︎
704900+ entries in 0.372s
davout: taxman takes whatever is owed to them, other creditors take the rest
davout: to me it works in the following way
mircea_popescu: the judge sets the file aside.
mircea_popescu: and - importantly - that they intend to prosecute the matter.
mircea_popescu: this is a civil suit. the judge receives an objection from the state's tax attorney, stating that they consider they're owed five eurocents in fines.
mircea_popescu: at this point general manager or w/e party the executive power is vested in is legally required to file for bankruptcy or supervised reorganisation/reconstitution/we
mircea_popescu: suppose there's company x. it owes 110 euros and has assets of 100 euros. right ?
mircea_popescu: davout no, he doesn't have to actually prosecute it.
mircea_popescu: there's no strict limit on how long they may take, so it can be 25 years.
davout: ya, guess you mean it becomes personal liability at that point
mircea_popescu: civil suit (ie, the bankruptcy) is suspended during penal proceedings
mircea_popescu: davout well, you file for chapter 11 or w/e equivalent, the da intervenes and objects
davout: mircea_popescu: never heard about that, the taxman is a privileged creditor for sure, but how would that work?
mircea_popescu: ThickAsThieves so are you concerned that by going to amsterdam you may end up on teh interpol pedo watch list ?
mircea_popescu: davout im not even sure how it works there, but if memory serves you can't even bankruptcy if you've been fined
Apocalyptic: like the PEA taxation recently
Apocalyptic: <davout> mircea_popescu: retroactive tax law changes are something that has happened in france as well AFAIK // oh yeah it did
davout: at least, if that ever happens and we get fined into nothingness, the customer funds are safe because they don't sit on our corp. accts
mircea_popescu: yes yes i get that, there isn't a third reich because you live in the poznan forest, rather than on the warta field
davout: our defense here is simply "we never touch the money", we're simply mandated to trigger the move between accounts :D
mircea_popescu: this, of course, in stark contrast with the 100% non illegal certs better people are getting.
mircea_popescu: so a bit of a dubious terrain, is all i'm saying.
davout: mircea_popescu: retroactive tax law changes are something that has happened in france as well AFAIK
mircea_popescu: such stuff has been seen in romania, poland, the czech republic and if memory serves the uk
davout: mircea_popescu: but one thing to keep in mind is that contrary to all the other exchanges, we never actually touch the fiat being moved aroud, me merely trigger a transfer between accounts that do not belong to us legally
mircea_popescu: i wouldn't count on them not doing something such as changing the tax code mid exercise and then insisting you comply.
mircea_popescu: especially seeing how france works with regards to tax and its budget,
davout: mircea_popescu: didn't really think about it this way, if the corp. selling coins on BC gets audited they'd be the one getting in trouble, i hear your point though
mircea_popescu: because, logically, they will wish to be paid, and will lean on whatever is available.
mircea_popescu: davout i mean as a corporation selling to natural persons, you may or may not end up in hot water with whatever local tax authority if you don't give them a vat.
mircea_popescu: HeySteve: re: bitcoin foundation again, members are resigning: https://bitcointalk.org/index.php?topic=603590.0 << lmao you know the BF's desperate for attention when they're actually begging for people disgusted by them to actually leave comments on their otherwise dead forum
davout: you mean, the second part of the statement, you're not sure about, right?
mircea_popescu: they have to also act the tax man, and collect and pay ~for you~ the vat ~you owe~ for the government's convenience.
mircea_popescu: which is why when you buy a pencil in a shop, the vat shows up on your bill. even if you should have paid it, the shop is not legally allowed to just sell you the pencil
mircea_popescu: davout: it's a non issue for non-corporate customers, but it might technically be one for corporate ones << im not so sure about that. afaik, most jurisdictions require the provider to collect vat for the customer.
mircea_popescu: hello guys. i was told i can find someone on this internet that can rake my yard
davout: i would only be half-surprised if the actual business plan turns out to be an investment in feincoin
fluffypony: it's impossible because running away with them is not a loss in the truest sense of the word
fluffypony: "A TOTAL LOST OF COINS IS IMPOSSIBLE."
jurov: FTFY: the doctor must have certificate issued by lawyer
mircea_popescu: >I found a way to generate Bitcoins even faster then every Miner, in a legal way. the Methode i use whas checked by local Lawyer and is 100% non illegal. << in general, the mark of a trustworthy doctor or medicine is that it promises to cure 100% whatever health issue you may have, and similarly the mark of competent legal counsel is that they issue 100% non illegalcy certifications
davout: "verility" <<< being a true man
mircea_popescu: <kakobrekla> imo i dont hink btc atm will catch on on the long run << obviously not. but let the circus of irrelevancy have their fun.
fluffypony: mircea_popescu: yeah we were joking about the "shells" thing the other day
mircea_popescu: o look at that.
mircea_popescu: "MPEx is a scam, and this is one of his shells. The owner of MPEx has multiple aliases that he posts boosting his own image. The first post "Peter Lambert" posted on this thread, was a copy paste they have posted on other security threads before."
mircea_popescu: uh. the mother is actually marginally fuckable. the daughters however...
fluffypony: Etretat: http://i.imgur.com/MHrnQCe.jpg - looks like a scene from Planet of the Apes
mircea_popescu: fluffypony that's right, this is the channel of the minority of people into bitcoin that aren't also pedos. ☟︎
fluffypony: and we wouldn't want more pedo talk in here
pankkake: I'd rather fuck the Bush daughters
fluffypony: mircea_popescu:hey skinnkavaj do you see any reason i couldn't fuck michelle obama's daughters on film ? <- sorry to disappoint: http://i.imgur.com/xIguvy2.jpg
fluffypony: Nefario, Ukyo, and TradeFortress walk into a bar
davout: fluffypony: if mircea_popescu was around he'd probably tell you it could actually be his best opportunity XD
kakobrekla: he should take advice from Ukyo
fluffypony: kakobrekla: maybe he's hoping to recover enough money to pay everyone back :-P
fluffypony: kakobrekla: btw railzand mentioned to me that TF has cleaned up his forum sig and now has a BitBet affiliate link in his signature
jurov: HeySteve: it boiled down to "we must show them"
fluffypony hah hah, someone is trying to pull a scam of some sort - https://bitcointalk.org/index.php?action=profile;u=328152
HeySteve: what does the guy's opinion have to do with ability to run a business?
HeySteve: heh never understood that
jurov: like that eichmann @ mozilla
jurov: oh. anyway, both cases are still better that some fag hater
kakobrekla: jurov pankkake is just trying to be provocative by being a pussy
pankkake: I don't think anyone cared for real, I only learned about who was on the board with the various scandals
davout: pankkake: "and I'd rather have a child rapist than a litecoiner anyway" <<< lmao
pankkake: I'm not sure what makes you think that
kakobrekla: does it make a difference if you piss or shit in the sewage pankkake ?
pankkake: and I'd rather have a child rapist than a litecoiner anyway
fluffypony: kakobrekla: pay him to troll, he's cheap!
pankkake: kakobrekla just likes to slander
Apocalyptic: Luke is into this child porn thing ?
fluffypony: pankkake: we call them slip-slops...but we call traffic lights "robots" so South African English isn't much to go on
kakobrekla: so theres that.
kakobrekla: anyway, Luke-Jr now has a buddy to talk to and exchange the various graphic materials in the foundation
pankkake: "Chinese-American, he was born in Africa; his entrepreneurial parents ran a flip-flop factory in the Ivory Coast"
davout: khersonus: BC is not directly involved in X.EUR, however, I do use it to systematically hedge all X.EUR trades, so the tax/fee link is only indirect
HeySteve: fluffypony, for me it is. if I ever write on the foundation, I'll use those lovely scam labels
fluffypony: pankkake: I think this is the straw that is breaking the camel's back
pankkake: as if this guy was the real issue. and what about that booby lee fucker?
khersonus: davout: so for your X.EUR future on mpex, if someone wanted EUR though b-c, should bitcoin-central be paying VAT on that? (because as far as I can tell, there's no fee, so the tax wouldn't come from the fee)
fluffypony: if the pedophile resigns
pankkake: meh, caring about the children.
HeySteve: yeah check the foundation forum
fluffypony: someone has come out and said they'll go up to Platinum
fluffypony: only 1 resignation thus far
davout: kakobrekla: oh sorry, i missed that
kakobrekla: they now have a dedicated "post your resignation here" thread
HeySteve: they're not even trying any more
HeySteve: this brock guy is the last straw
davout: jurov: yeah, that too
kakobrekla: lol foundation self owned themselfs
davout: we have the same kind of thing in france with the "auto-entrepreneur" setup, the way it works though, is that if you go over the threshold you lose the AE status and are required to create a different type of corp. which in practice results in the same thing as jurov
jurov: i can avoid it only by supplying an evidence that whatever landed on company account were payments for services delivered to outside EU
davout: khersonus: like jurov points out, in some specific corporation setups there are thresholds for applicability
jurov: yes, that's why i wrote 365 days
Apocalyptic: jurov, I believe it's the running year btw
davout: (only corporations are subject to VAT)
davout: it's a non issue for non-corporate customers, but it might technically be one for corporate ones
kakobrekla: usually its up to end user to handle that shit with local authorities