A quick reminder: when trading US stocks, don't think about avoiding taxes. Be honest and pay your taxes actively. You might evade taxes for one, two, or three years without being caught, but in the end, you'll still have to pay all the previous taxes plus an 18% late fee each year.
Someone trading US stocks paid an additional 40 million in taxes today, with an 18% late fee per year, and also paid an additional 20 million in late fees.
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A quick reminder: when trading US stocks, don't think about avoiding taxes. Be honest and pay your taxes actively. You might evade taxes for one, two, or three years without being caught, but in the end, you'll still have to pay all the previous taxes plus an 18% late fee each year.
Someone trading US stocks paid an additional 40 million in taxes today, with an 18% late fee per year, and also paid an additional 20 million in late fees.