Judgment of bitcoin IRS fraud in Taiwan

1.

According to the regulations of notice 2014-21 of the IRS:

1. The information range of virtual currency payment is consistent with that of other property payment

2. Virtual currency paid to service providers and independent contractors should be taxed, and the tax rules of freelance also apply to virtual currency. Taxpayers usually have to get form 1099-MISC

3. When using virtual currency to pay wages to employees, they must also pay taxes, and they also need to pay federal income tax and payroll tax

4. The third party accepting virtual currency settlement payment on behalf of the merchant must report the payment status in form1099-k, payment card and the third party network dealer

5. Based on the fact that the virtual currency in the hands of taxpayers is a kind of capital asset, the gains or losses in the transaction of virtual currency and the sales of virtual currency need to be taxed

extended information:

legal status of bitcoin in China

in China, the regulations on the administration of RMB prohibit the proction and sale of token tickets. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China will face uncertainty

the notice of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency of online games (Wen Shi Fa [2009] No. 20) on June 4, 2009 stated that the application scope of virtual currency of online games was defined for the first time, and the distinction between the current virtual currency of online games and the virtual props in the game was made; At the same time, the notice said that the "notice" stipulates that enterprises engaged in related services must be approved before they can operate< br />

2. I also know that there is a possibility of cheating!!!!! But I buy hit currency one yuan to buy 100 to his 2000 yuan, in case I say in case I become a multimillionaire that!!!!!!! My chance to become a multimillionaire in this life is possible! If you can't change it, you should buy wine for the swindler

3. Yes, there is no such currency called "IRS" on the mainstream trading platform
for some small currencies that are just started, few people know about them, which is normal
but if you call yourself "IRS bitcoin", it should be deceiving. BTC is bitcoin

4. So far, there is no authoritative conclusion or report on whether RS bitcoin international reserve system is a pyramid scheme. It is suggested that you dial 110 to ask the public security organ for screening or verification
the investigation conclusions of public security organs are the most authoritative.