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Hey guys
Curious so if I was to say Onboard 10k AUD coinspot Exchange it for usdt only. Send usdt to hard wallet.
Left it there...
Then when I withdrew this usdt same amount in 5 years theoretically it's the same price and $ AUD value... I would only pay CGT on whatever the difference was on this original usdt AUD trade yes?
Then say for example what IF That usdt was transfered to another hard wallet and then to a Dex. Do a order of Btc sol whatever. Transfer that to a new hardwallet. Keep that for 5yrs. Swap it back to usdt on a Dex ... Move that usdt back thru a few hard wallets eventually arriving at the same initial hard wallet for the exact same amount of usdt value.. then again pay any usdt to AUD gains cgt.
But here's the twist whatever $ made on the sol or Btc over the 5yrs is now in another hardwallet seperate to original and having used a Dex to do this trade..
Is this a possible method to achieve a loophole .. not saying anyone should or would or I would even.. but is this possible ?
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- 3 weeks ago
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