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October 07, 2016, 08:24:20 AM Last edit: October 07, 2016, 08:35:46 AM by Vinz421 |
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Hey everyone,
Since the new KYC+2FA update on the ICO website, I got myself new fiscal questions here :
I made two investments in the ICO, one is EUR, one is ETH. I was above the FIAT threshold for the EUR deposit (still banging my head against the wall for that), therefore had to fill in the KYC form, which means ICONOMI now has my personal details.
What happens if they get investigated by the IRS (ofc, a "kind-of IRS", I mean any EU fiscal gov entity) ? I know we're in uncharted territory here, but I see two problems :
First, the ETH-EUR split. Would the team have to declare the EUR deposits only, or both FIAT and crypto deposits, for the accounts which were credited with both ?
Second, considering one can just send the tokens to an ethereum wallet and from there, doing pretty much anything "off the grid" (sending to another address, to an exchange, etc), what's the point of collecting these personal details if they become useless as soon as the tokens leave the website ? I guess it's for regulation compliance purposes, but, am I missing something here ?? Could those details still be of any use ?
Anyone is has been in the same situation ? Any tips from the community ?
Thanks.
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