Withdrawal and tax transfer of virtual currency

1. Up to now, the state does not recognize the legality of any digital currency at all, and the domestic digital exchange is also illegal, so there is no problem of paying personal income tax at all. Be careful of being cheated.

2. First of all, define what is money. Money is a kind of value and right. Money can be exchanged for other things in the market by virtue of the money it owns. Money is recognized because of the guarantee of national compulsion. However, if a thing is accepted by all as the medium of exchange within a certain range, then it can be recognized as money within this limited range. I always think that money is a kind of money The biggest possibility of Alipay is to establish its own sphere of influence, exclude the use of RMB in this sphere of influence, and build its own monetary system
secondly, confirm your question, you mean whether you can convert the game currency back to RMB, because if it exists in the form of RMB, it is called withdrawal, and it is impossible to withdraw if it is a virtual currency
back to your question, the reason why the app can't withdraw cash is that if the virtual currency inside can be reversed into RMB, it will impact the real monetary system, which is risky
I remember many online games in which the game currency purchased by RMB is used for gambling, For example, if the game currency (happy beans) can be reverse converted into RMB, what's the difference between this and changing chips in casinos, so in my impression, one of the keys for law enforcement agencies to determine whether it is gambling is whether the game currency can be reverse converted into RMB
hope to adopt, thank you!

3.

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 />

4. If cash withdrawal is reflected, taxes and fees are required, which are all available.

5. In a recent reply to the Beijing Local Taxation Bureau, the State Administration of Taxation said that the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of indivial income tax, which should be calculated and paid according to the item of "income from property transfer"
according to the regulations, the income from property transfer is calculated as the amount of taxable income, which is the balance of the income from one-time transfer of property (no matter how many times it is paid, it should be merged into the income from one-time transfer of property) minus the original value of the property and reasonable expenses, and the tax rate of 20% is applied to calculate and pay indivial income tax.

6.

Win10 enterprise LTSC is the best

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is mainly based on the enterprise version, which has advanced functions. It will be provided to customers through the volume licensing program for ecational institutions

7. First, money burning scams. The so-called money burning scam refers to the continuous investment of investors, but investors can only see the investment of funds, but found that they did not get certain benefits. This is the so-called money burning scam. Once an investor has no patience to invest, the other party will tell the investor that he can make money immediately and ince the investor to continue to invest. However, the investor thinks that he can make money if he has invested so much, so why should he choose to give up at this time? The investor will continue to invest, and the final result is that he will be constantly involved in the scam, We're losing money
Second, emotional deception. There is also a kind of deception in the silver and precious metal investment deception, which is difficult to identify, and that is the emotional deception. In many love and marriage websites, there will be some young girls who send a picture and say they want to find a blind date. But is it really a blind date? This is not necessarily the case. In fact, these little girls are engaged in emotional deception. After they get to know some blind date people with relatively strong economic strength, they will disclose some information about silver precious metal investment in the process of chatting with them, and tell them that they are doing silver precious metal investment. In order to make people trust, they will often send some luxury cars, live in luxury houses and drink champagne every day, Take photos of celebrities' parties and travel around the world, and also send some income screenshots, just to make people interested. Once the heart is moved, the big fish is hooked, and the scam begins.

8. Moke MOAC is a practical application-oriented blockchain platform. MOAC adopts the technology of layering and slicing, processes the global transfer transaction at the bottom, and deploys the contract in the way of sub chain at the top. The upper sub chain can choose its own consensus mode, block cycle and its own separate block chain to store the contract status. mining nodes of sub chain can be selected by user. The system maintains multiple mining pools supporting a consensus protocol, from which the sub chain can rent the required number of nodes. On this basis, MOAC provides the function of one click chain, which enables DAPP project parties to customize their own blockchain. The project side does not need to maintain the operation of the sub chain, only needs to pay these leased nodes regularly. The unique sub chain / Master chain architecture of MOAC makes the sub chain reach the security level close to the master chain. In addition, the innovative architecture enables DAPP users to use DAPP without consuming any gas, so that DAPP users can face users without any blockchain knowledge.

9. I'm responsible to tell you that bitcoin is a scam. It takes so long to beat the drum. Now cash withdrawal is another way to cheat you

10. All those who require to pay personal income tax before they can withdraw are scams! Because according to the regulations, the indivial income tax should be withheld and paid by the units and indivials that pay the money. After it is withheld, it can call you the rest!