Countries without estate tax bitlife - London – Great Britain. Madrid – Spain. In general, the most successful cities in the game are capitals or cultural capitals of countries. Each of these points has its own characteristics; in some, better economy, and in some, life expectancy, for example. In countries such as Rio de Janeiro-Brazil, you can get popularity and career success.

 
Share your favorite BitLife ... U have to pay taxes in Canada Lol only four countries Bermuda, Monaco, ... Wish I had thought about it before. I moved to the UK and unexpectedly lost £38,470,956 in estate tax. Left with £65,563,263. 😭 Reply reply     TOPICS. Gaming.. Used tractor with backhoe for sale near me

If this happens, you can warn them, forget it happened, or evict the tenant immediately. By checking in on your tenants, performing regular maintenance and improving the house you’re renting out, you regularly gain income each year and make a decent amount of money as a landlord in BitLife. BitLife is available on Android and iOS devices.Countries without estate tax in BitLife. Here are the countries that do not have estate tax: Sweden, Russia, Norway, Israel, Mexico, Canada, Hong Kong, …Now, coming to the latest update of BitLife regarding the Landlord Expansion point, it is an amazing feature of BitLife. So, without further ado, let’s begin with the BitLife Landlord Update! In This Article. ... {UTNU}), and there is no estate tax (UTNU), making it one of the most financially stable countries in BitLife. 2. I tried investing as much as I could in property but that didn’t seem to help. I assume you mean that your assets are being taxed after you die!! When I want a famous family line i settle in new Zealand, Australia or Hong Kong!! Scroll all the way down for the full list :) Most countries don’t have estate tax. I don’t think Egypt or the ... Jul 5, 2022 · What country pays most in BitLife?Tips. Saudi Arabia has no income tax (unless there's a new update {UTNU}), and there is no estate tax (UTNU), making it one of the most financially stable countries in BitLife.Which is the best country for salary?Top 20 countries with highest salarySwitzerland. 6,315.98 USD.Liechtenstein. 5,800.60 USD.Denmark. 5,699.96 USD.United States. 5,452.67 Unlike estate taxes, inheritance tax exemptions apply to the size of the gift rather than the size of the estate. rate in the OECD at 40 percent; the world’s highest rate, 55 percent, is in Japan, followed by South Korea (50 percent) and France (45 percent). Fifteen OECD countries levy no taxes on property passed to lineal heirs.There are 21 countries without income taxes. Accessing some of those countries, or getting a residence permit there, might be much harder than others. ... you need to invest $135,000 in real estate or $270,000 in a business there. You also need to have a minimum monthly income of $1,400 and have a deposit of $40,000. missbeekery. • 2 yr. ago. There are several but I know that Sweden and Monaco don’t have inheritance tax. You could also switch to your child if you don’t have a living spouse. 4. [deleted] • 2 yr. ago. Alright cheers. r/BitLifeApp. 7 comments. Best. Add a Comment. [deleted] • 4 yr. ago. Saudi Arabia 0% tax. Audio1000 • 4 yr. ago. This doesn’t help but in Germany college (first four years) is free so if you choose Germany for custom life and get bad parents that won’t pay for college than it doesn’t matter. SheMakesBeats Bitizen • 4 yr. ago. Sweden too I believe. News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in processing - everything. Don't post questions related to that here, please. Sep 22, 2022 · The Richest Countries in BitLife. According to the BitLifie site, the richest countries in BitLife are Monaco, Saudi Arabia, and the USA. In Saudi Arabia, there is no income tax or estate tax for the citizens. Monaco is a good tax shelter so it is considered a tax haven in this game and as a result players can save a lot of money. Generations are a new update in BitLife that appears in the IOS version, debuting in March 2019 and the Android version in December 2019. This idea is notable for appearing on InstLife before BitLife. If a character is a Bitizen, they may have unlimited generations but a non-Bitizen may only do this once.. After your previous life dies, any children from …Will/Testament is a document stating who will receive an inheritance from your character when they die. It may be updated at any time as many times as possible. Spouses and children are eligible to receive an inheritance. Children can use the money to start their own life following the Generations update. If inheritance is going to a child under 18 in the new …Answer from: BitLife_Person. In the United Arab Emeriates, you don't have to pay estate taxes. Just make sure you don't move to any other countries where you do have to pay as you will lose a lot of money. Jul 9, 2019 00. Answer from: Megan. If you go to Estonia you don't have to pay estate tax! Jul 29, 2019 00.It’s straightforward to become a multi-millionaire in Bitlife without even becoming ... A net worth of $ 100 million with $ 50 million in real estate assets means $ 70 ... Kuwait, Morroco, Bahamas(yes, please!), Cayman Islands, and Bermuda, amongst others, are some real-life and Bitlife tax-free countries. Why should you ...Estate tax in Switzerland can apply if you buy a Swiss property, so estate planning is vital.Inheritance tax rules and what you pay can also vary depending on which Swiss canton you live in.. Alongside preparing for your retirement in Switzerland and your will and estate, learning about inheritance tax is a great way to plan for later life in the country.r/bitlife • $50 Quadrillion inheritance😳 I didn’t marry and switch over to my child so no money should’ve been passed to the other partner, and I had $199 Zillion before now it’s $249.7 Zillion The very name of Dubai conjures up the image of an exotic place where you can actually own your own home. The Middle East is also becoming known as a zero-tax region, with many countries there touting no income taxes. Dubai is a ‘country’ with no property tax, although it does assess a one-time fee upon purchase of a property. The Sports. There are 7 different sports you can play. The different sports have leagues that are played in different countries. American Football (United States) Baseball (United States) Basketball (United States) Hockey (United States) Soccer (For men: United Kingdom, Spain, Italy, Germany, Brazil. For women: United States, United Kingdom)Nov 14, 2022 · That being said, here is a complete list of countries that don't have estate tax to use as a reference when creating your characters. All Countries in Bitlife that Don't Have Estate Tax. Here are all countries that don't have estate tax. We'll be sure to keep this updated if Bitlife changes or new countries get added. Along with that, if you ... Berkshire Hathaway HomeServices is one of the most respected and trusted real estate companies in the United States. With a network of over 1,400 offices and more than 50,000 agent...You often hear the terms “estate tax” and “inheritance tax” used interchangeably, but the two taxes are not the same. Estate tax is collected by the Federal Government, while inher...If this happens, you can warn them, forget it happened, or evict the tenant immediately. By checking in on your tenants, performing regular maintenance and improving the house you’re renting out, you regularly gain income each year and make a decent amount of money as a landlord in BitLife. BitLife is available on Android and …Bermuda, Monaco, the Bahamas, and the United Arab Emirates (UAE) are four countries that do not have personal income taxes. U.S. citizens are obligated to file and pay U.S. income taxes even if ...France has long been a dream destination for many people around the world. With its rich history, stunning landscapes, and vibrant culture, it’s no wonder that people are eager to ... countries with no estate tax bitlife It is also true that countries with no estate tax are some of the most creative places to live. In 2004 the Swedish inheritance tax and gift tax was abolished by a unanimous vote in the Riksdag. It follows a progressive taxation policy that ranges from 0% to 22% (for income above S$320,000). You can purchase ... Set foot in many countries. In order to get the Globetrotter ribbon when you die, you will need to travel to at least 20 different countries. You can do this by emigrating, taking vacations, or having honeymoons. Houdini. Escape from prison many times. Before your character dies, you must be sent to prison and escape at least 10 different times.Ive been wondering what the best country is to emigrate to or to start a bitlife in. Ofcourse we are searching for a country with a low tax rate like Britain had before a patch some time ago, and high paying jobs, since the salary differs per country for the same job. We all want to secure our wealth :) News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in processing - everything. Don't post questions related to that here, please. Jul 5, 2022 · What country pays most in BitLife?Tips. Saudi Arabia has no income tax (unless there's a new update {UTNU}), and there is no estate tax (UTNU), making it one of the most financially stable countries in BitLife.Which is the best country for salary?Top 20 countries with highest salarySwitzerland. 6,315.98 USD.Liechtenstein. 5,800.60 USD.Denmark. 5,699.96 USD.United States. 5,452.67 Other countries with the highest estate taxes are South Korea – 50% and France – 45%. The United Kingdom is tied with the United States with a top rate of 40%, while high-tax countries such as Spain, Belgium, and Germany apply rates in the thirties. On the other hand, fifteen OECD member countries apply no death tax when the property is ... To emigrate to a new place in BitLife, you must use the Emigrate option under the Activities tab from the main menu. Recommended Videos. After clicking on the option, a new window will appear with a drop-down box listing all the countries you can emigrate. Choose any country of your choice and hit the Request for Approval button.Discover countries that have no inheritance tax in Bitlife! Learn how to maximize your estate plan and avoid the burden of high taxes. Enjoy peace of mind …In 2021, around 6% of emissions were in countries or sectors that had a carbon tax. 20% were covered by a trading system. This means that, in total, a carbon price had to be paid on 26% of global emissions. We see the share of global CO 2 emissions that are covered by each in the chart. The map also shows the share of emissions in each …7 Countries With No Estate Tax. 4 min Read. October 9, 2023. By Sean Fisher, AI Editor. Martin Wahlborg / Getty Images/iStockphoto. Navigating through the …- Move to countries with no death tax. Examples ranked from best -> worst: - Monaco (zero tax, high salary, slightly higher ANNUAL tax) - Australia (zero tax, decent salary, …In BitLife, royalty is the upper echelon of virtual society. It functions similar to the game's Fame mechanics, as you'll have access to a lot more cash, as well as increased respect from the general public. As you might expect, BitLife royalty lets you hold a range of crown-based titles, ranging from a duke to the king or queen of your country. You should also receive about €30-50M a year from royalties if you have diamond records. While doing this, also do ads, post to social media/do promos, and invest in the most expensive real estate you can. You’ll be a self-made billionaire roughly in your mid 20’s (without even engaging in criminal activity). 32. The United Kingdom is tied with the United States with a top rate of 40%, while high-tax countries such as Spain, Belgium, and Germany apply rates in the thirties. On the other …Share your favorite BitLife, CatLife, and DogLife ... Most Advantageous / Profitable Country: Taxation on ETFs in EU upvotes ... Ive been wondering what the best country is to emigrate to or to start a bitlife in. Ofcourse we are searching for a country with a low tax rate like Britain had before a patch some time ago, and high paying jobs, since the salary differs per country for the same job. We all want to secure our wealth :) Scandinavian countries have a high estate tax as do many European countries. However college tuition is free in most of these places, unless seeking higher education. As of October 2019, countries with free healthcare will not charge for doctor consultations and treatments, whereas countries without free healthcare will still charge. U have to pay taxes in Canada Lol only four countries Bermuda, Monaco, the Bahamas, and the United Arab Emirate are tax free ... it’s hard to google “bitlife tax ... The governments of these countries do not impose an income tax on their citizens for different reasons. The countries that do not pay income tax include: 13. United Arab Emirates. The United Arab Emirates is one of the most attractive oil countries in the Middle East that does not have any federal income tax.Sep 22, 2022 · Portugal. Slovakia. Morocco. Hungary. However, a website called BitLife A Fan’s Guide has different opinion. According to them, there are a total of 21 countries without tax out of about 90 countries in the BitLife world. These countries include: Australia. Austria. Many other developed countries have eliminated their estate or inheritance tax like Russia, India, China, Australia, Norway, Mexico, and more. The United States continues to impose an estate tax on assets at death for over 100 years. This tax imposes additional costs to family businesses making competing with countries who do not …Heyyy,Welcome to my YouTube channel, how are you doing? I hope you are doing good and feeling great. In today's video, I'll be showing you the best countries... News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in processing - everything. Don't post questions related to that here, please. Well, one thing you could do is to Switch to your child, and make sure theyre under 18 otherwise theyd just inherit the company. The best part about switching to your child is that your company will get sold at the right evaluation and wont get taxed. Saudi Arabia for one. Romania, Saudi Arabia, UAE, Monaco.Feb 23, 2024 · Oman is a Middle Eastern country that relies on oil and gas and supports a welfare system. Sultan Qaboos bin Said, Oman's longest-reigning monarch, passed away in January 2020. The country charges ... Don't, each generation in my bitlife bloodline, got roughly 2b$ when they came in contact with the heirloom, meaning one generation could have 2,000,000,000$ whilst the next may have and be able to get 4,000,000,000$, just make sure you go to a country without estate tax, therefore no money will be taken away from you after death.Residency Requirement Score: 4. Hong Kong boasts a favourable tax regime, with many entrepreneurs considering it the best country to incorporate an online business. For individuals, it’s possible to pay 0% on capital gains, but there are some caveats. In some cases, the sale of an asset may be subject to a profit tax.I'm not from the US, but my current Bitlife character is. I notice estate taxes ate up a huge chunk of their inheritance. Are there ways around this? You should also receive about €30-50M a year from royalties if you have diamond records. While doing this, also do ads, post to social media/do promos, and invest in the most expensive real estate you can. You’ll be a self-made billionaire roughly in your mid 20’s (without even engaging in criminal activity). 32. Will/Testament is a document stating who will receive an inheritance from your character when they die. It may be updated at any time as many times as possible. Spouses and children are eligible to receive an inheritance. Children can use the money to start their own life following the Generations update. If inheritance is going to a child under 18 in the new …Mar 17, 2015 · Unlike estate taxes, inheritance tax exemptions apply to the size of the gift rather than the size of the estate. rate in the OECD at 40 percent; the world’s highest rate, 55 percent, is in Japan, followed by South Korea (50 percent) and France (45 percent). Fifteen OECD countries levy no taxes on property passed to lineal heirs. Mar 17, 2015 · Unlike estate taxes, inheritance tax exemptions apply to the size of the gift rather than the size of the estate. rate in the OECD at 40 percent; the world’s highest rate, 55 percent, is in Japan, followed by South Korea (50 percent) and France (45 percent). Fifteen OECD countries levy no taxes on property passed to lineal heirs. PAN numbers are mandatory for anyone who earns taxable income in the country of India or pays income taxes on behalf of themselves or others in India. A PAN number is your Permanen...The fastest way to make the most money in BitLife is by becoming famous through acting, sports, or music. Becoming a famous actor is the most profitable of all these methods. Nonetheless, becoming famous allows you to monetize your fame on social media platforms like Instagram and YouTube. Furthermore, once you're famous, you can …30 votes, 15 comments. 50K subscribers in the bitlife community. Welcome to the largest fan run and owned forum for BitLife on Reddit! ... There are more countries that don't have estate tax but I don't remember now, I hope I helped. Reply replySet foot in many countries. In order to get the Globetrotter ribbon when you die, you will need to travel to at least 20 different countries. You can do this by emigrating, taking vacations, or having honeymoons. Houdini. Escape from prison many times. Before your character dies, you must be sent to prison and escape at least 10 different times.missbeekery. • 2 yr. ago. There are several but I know that Sweden and Monaco don’t have inheritance tax. You could also switch to your child if you don’t have a living spouse. 4. [deleted] • 2 yr. ago. Alright cheers. r/BitLifeApp.So inheritance and estate taxes are clearly very complex. At a very basic level, inheritance tax as such does not technically exist in Australia. The closest thing to this we have is the tax on inherited assets, which only applies if an inherited asset is sold. This is known as a capital gains tax, but doesn’t always apply.Will/Testament is a document stating who will receive an inheritance from your character when they die. It may be updated at any time as many times as possible. Spouses and children are eligible to receive an inheritance. Children can use the money to start their own life following the Generations update. If inheritance is going to a child under 18 in the new …The Sports. There are 7 different sports you can play. The different sports have leagues that are played in different countries. American Football (United States) Baseball (United States) Basketball (United States) Hockey (United States) Soccer (For men: United Kingdom, Spain, Italy, Germany, Brazil. For women: United States, United Kingdom)As the deadline for filing taxes in the United States approaches, employees around the country begin receiving the forms they need to complete their tax returns. This distinction i...In Malta, there are no property taxes. In the case of rental property, the tax on income is usually 1% of the amount received for the year, but the tenant usually pays this tax. If you dispose of your property, you will also be responsible for paying income tax. Any gain from the sale of real estate is taxed at 33.3%.Don't, each generation in my bitlife bloodline, got roughly 2b$ when they came in contact with the heirloom, meaning one generation could have 2,000,000,000$ whilst the next may have and be able to get 4,000,000,000$, just make sure you go to a country without estate tax, therefore no money will be taken away from you after death.Spain. Sweden. Thailand. United Arab Emirates. United Kingdom. Since there are different types of royalty in BitLife, the country you choose will depend on what you’re trying to accomplish. For example, being born in any of these countries is acceptable if you’re simply curious about what a life of royalty is like.Property24 has long been one of the most popular real estate marketplaces in South Africa. It provides an extensive selection of residential and commercial properties for sale acro...The ad valorem tax in Texas is a tax on tangible personal property and real estate that is determined according to the value of the property. It applies to the property of people a...The full list of countries without inheritance tax. Australia, Austria, Canada, Estonia, Hong Kong, Hungary, Isarel, Liechtenstein, Luxemburg, Mexico, New Zealand, Norway, … So I looked this up a while ago going through my game and found out that some countries don’t have an inheritance tax. So I went through the countries and looked at my emigration options and Estonia popped up and it worked. All my money is passed down each life and none is taken away. I haven’t tried any other countries. I’ll leave a link ... Feb 22, 2022 · London – Great Britain. Madrid – Spain. In general, the most successful cities in the game are capitals or cultural capitals of countries. Each of these points has its own characteristics; in some, better economy, and in some, life expectancy, for example. In countries such as Rio de Janeiro-Brazil, you can get popularity and career success. In Malta, there are no property taxes. In the case of rental property, the tax on income is usually 1% of the amount received for the year, but the tenant usually pays this tax. If you dispose of your property, you will also be responsible for paying income tax. Any gain from the sale of real estate is taxed at 33.3%.You should also receive about €30-50M a year from royalties if you have diamond records. While doing this, also do ads, post to social media/do promos, and invest in the most expensive real estate you can. You’ll be a self-made billionaire roughly in your mid 20’s (without even engaging in criminal activity). 32.When it comes to the countries with the most money in BitLife, Saudi Arabia reigns supreme. According to the most recent statistics, Saudi Arabia does not …Jul 28, 2023 · There are no countries with no inheritance tax in Bitlife. Countries With No Inheritance Tax Bitlife. Inheritance tax is a government levy imposed on the estates of deceased persons. Although inheritance taxes are commonplace in many countries, there are some that chose to forgo them altogether. To facilitate the creation of such strategies, we provide information about 10 jurisdictions that levy no inheritance taxes. The examined jurisdictions are Hong Kong, Singapore, Portugal, Macau, Slovakia, Estonia, Mexico, Canada, New Zealand, and Australia. We arranged the jurisdictions in accordance with their attractiveness for estate ...Now, coming to the latest update of BitLife regarding the Landlord Expansion point, it is an amazing feature of BitLife. So, without further ado, let’s begin with the BitLife Landlord Update! In This Article. ... {UTNU}), and there is no estate tax (UTNU), making it one of the most financially stable countries in BitLife. 2.Sep 22, 2022 · The Richest Countries in BitLife. According to the BitLifie site, the richest countries in BitLife are Monaco, Saudi Arabia, and the USA. In Saudi Arabia, there is no income tax or estate tax for the citizens. Monaco is a good tax shelter so it is considered a tax haven in this game and as a result players can save a lot of money. Becoming Real Estate Agent in Bitlife. Follow these simple steps to get the Real Estate Agent Job: Create a new character and make sure they have a high Looks Rating (At least 50). Visit the Gym and Spa to increase it up to 80. Make sure your character does not drop out. Once they turn 18, go to the Activities tab and head to the Licenses …Estate tax in Switzerland can apply if you buy a Swiss property, so estate planning is vital.Inheritance tax rules and what you pay can also vary depending on which Swiss canton you live in.. Alongside preparing for your retirement in Switzerland and your will and estate, learning about inheritance tax is a great way to plan for later life in the country.Moreover, players must look for countries without estate taxes to maximize their income. Australia, Austria, New Zealand, Norway, Panama, Canada, …r/bitlife • $50 Quadrillion inheritance😳 I didn’t marry and switch over to my child so no money should’ve been passed to the other partner, and I had $199 Zillion before now it’s $249.7 Zillion10. Fair-Dinkum-Aussie. • 1 yr. ago. If not living in an estate tax free country, then gift your properties to your heir before you die. 4. milkshake_12345. • 1 yr. ago. Just become an …

To emigrate to a new place in BitLife, you must use the Emigrate option under the Activities tab from the main menu. Recommended Videos. After clicking on the option, a new window will appear with a drop-down box listing all the countries you can emigrate. Choose any country of your choice and hit the Request for Approval button.. Sunset november 5 2023

countries without estate tax bitlife

Set foot in many countries. In order to get the Globetrotter ribbon when you die, you will need to travel to at least 20 different countries. You can do this by emigrating, taking vacations, or having honeymoons. Houdini. Escape from prison many times. Before your character dies, you must be sent to prison and escape at least 10 different times.May 21, 2021 · To buy an Equestrian Property or Horse Ranch in BitLife, you have to buy an asset with the word “Equestrian” in the name. The assets, though, are in the millions of dollars, so while buying one is easy, saving up the money can take some time. Select Assets. Go shopping by clicking the Go Shopping button. U have to pay taxes in Canada Lol only four countries Bermuda, Monaco, the Bahamas, and the United Arab Emirate are tax free ... it’s hard to google “bitlife tax ... France has long been a dream destination for many people around the world. With its rich history, stunning landscapes, and vibrant culture, it’s no wonder that people are eager to ...In Malta, there are no property taxes. In the case of rental property, the tax on income is usually 1% of the amount received for the year, but the tenant usually pays this tax. If you dispose of your property, you will also be responsible for paying income tax. Any gain from the sale of real estate is taxed at 33.3%.The United Kingdom is tied with the United States with a top rate of 40%, while high-tax countries such as Spain, Belgium, and Germany apply rates in the thirties. On the other …After someone dies, an estate going through probate involves proving in court the validity of the decedent’s will, determining the decedent’s assets, appraising the assets, and pay... Bitlife Countries with no estate tax. -UAE. -DR Congo. -Pakistan. -Romania. -India. -Panama. -Malaysia. -Israel. -Kuwait. -Afghanistan. -Egypt. -Nepal. -South Africa. -Saudi Arabia. -Ukraine. -Kazakhstan. -Hong Kong. -Mexico. -Ethiopia. -Mongolia. -Russia. -Kenya. -Portugal. -Austria. -Peru. -Bahamas. -Nigeria. -Cuba. -Costa Rica. -Serbia. -Norway. Answer from: BitLife_Person. In the United Arab Emeriates, you don't have to pay estate taxes. Just make sure you don't move to any other countries where you do have to pay as you will lose a lot of money. Jul 9, 2019 00. Answer from: Megan. If you go to Estonia you don't have to pay estate tax! Jul 29, 2019 00.morocco , iraq. 5. No_Promise2786. • 2 yr. ago. Best imo are the countries which are the best in real life as well ie the Nordic countries, New Zealand and Netherlands as well as any other country with free college so you get to save a lot of money. And the worst of course are the countries that are shitholes irl ie Afghanistan, Iraq etc.Step 1: Choose a Country. The first step in emigrating in BitLife is to choose a country to move to. You can do this by going to the “Activities” tab and selecting the “Emigrate” option. From there, you can choose which country you would like to move to. Job opportunities: Look for countries with a strong job market in your field of work.If this happens, you can warn them, forget it happened, or evict the tenant immediately. By checking in on your tenants, performing regular maintenance and improving the house you’re renting out, you regularly gain income each year and make a decent amount of money as a landlord in BitLife. BitLife is available on Android and …Several steps I take to ensure financial success in BitLife without being famous: To make your first bit of cash, work part-time gigs, as many as you can, when you’re in your teens; be careful when inflating the price, ... Live in non-estate tax countries: https: ...Once your character turns eighteen, head into the full-time job list and scroll through until you find a real estate agent position. It will appear with a tree emoji and “Real Estate” tag next to the name, similar to the Housekeeper career. If you cannot find it right away, age up and check the list a second time or close and reopen the ...Countries with no estate tax . -UAE -DR Congo -Pakistan -Romania -India -Panama -Malaysia -Israel -Kuwait -Afghanistan -Egypt -Nepal -South Africa…Panama is a country that has seen a surge in real estate investment in recent years. With its tropical climate, beautiful beaches, and vibrant culture, it’s no wonder why so many p...7 Countries With No Estate Tax. 4 min Read. October 9, 2023. By Sean Fisher, AI Editor. Martin Wahlborg / Getty Images/iStockphoto. Navigating through the …However, if you’ve been making a lot of money on your crypto sales without paying taxes, that’s when the law could run after you and potentially prosecute you for dodging BitLife’s version of the IRS. So with that in mind, pay your taxes because refusal to do so now has consequences in the in-game universe..

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