in my country bitcoin is not yet regulated. but you can use it as payment processor, no tax becasue not yet regulated.
in other place of my country, some tourism use bitcoin to pay anything, and more merchands avaible, but the volume transaction is still small.
my dream in future the goverment will make a public regulation to bitcoin.
Wow, atleast there is an improvement, look at that, there are already merchants that accept bitcoin in where you live. Sooner or later there will be a widespread about it and some store might start accepting bitcoin too, never mind the government not regulating bitcoin, coz they won't care since they don't have a share on bitcoin.