#116 - Labour Tax Is Coming (How to Protect Your Bitcoin NOW) 💰🔒

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In this episode of Crypto Collective, host Matthew Fraser dives deep into the implications of the unrealized capital gains tax, which he describes as a theft of individuals' hard-earned wealth. He highlights recent developments in California that could allow the state to transfer crypto assets to a state-held wallet, emphasizing the importance of self-custody for Bitcoin and other cryptocurrencies. Matthew shares his insights on how to legally minimize tax liabilities, particularly in the face of Labor's proposed tax changes. With personal anecdotes from his success in e-commerce and a commitment to empowering listeners to build real wealth, this episode is packed with valuable strategies for navigating the current financial landscape. Tune in to learn how to protect your assets and potentially pay zero or no tax.

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👉 𝗣𝗥𝗢𝗧𝗘𝗖𝗧 𝗬𝗢𝗨𝗥 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 - 𝗙𝗥𝗘𝗘 𝗖𝗢𝗡𝗦𝗨𝗟𝗧𝗔𝗧𝗜𝗢𝗡!

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Timestamps:

00:00:00 - Introduction

00:01:42 - Overview of Labor's Tax Proposal

00:03:11 - Opposition to the Tax

00:05:00 - Wealth Tax Discussion

00:07:56 - Minimizing Tax Legally

00:09:38 - Exodus of Wealth

00:12:06 - Tax Benefits of Moving to Cyprus

00:13:21 - Dubai as a Tax Haven

00:15:07 - Self-Custody of Bitcoin

00:23:17 - Advice for Staying in Australia

00:27:06 - Petition for 0% Tax on Superannuation