At my country there are not yet rules for bitcoin and another cryptos coins, the users of bitcoin is still low too. I think it will need much time until the government take tax from bitcoin.
they wont take tax from bitcoin.directly.
but they will treat is as they do any foreign currency.
EG
if your european, and you work for dollars. keeping it in an american bank account(imagine like keeping bitcoin as bitcoin) the European tax authorities wont do much. but as soon as you convert it to euro's or try spending it in europe. Bam, income tax
if your european, and you invest in an american company. keeping it in an american sharebroker account(imagine like keeping bitcoin as bitcoin) the European tax authorities wont do much. but as soon as you convert it to euro's. Bam, capital gains tax
if your european, and get funded via another currency, even if you find ways to pay your landlord, grocery store and other things in that foreign currency, if they notice you registered a new house, car, or other modest priced item, Bam civil investigation and fine.
the only way to avoid red flags for doing normal things. is to be fiat rich in the first place, then nothing normal will look out of place
having money gives you loop holes.
EG having funds in a bank, writing a cheque but then cancelling it before the recipient can cash it is fine
not having funds in a bank, writing a cheque that bounces, is nt fine
yet the recipient is victimised the same way.(not getting paid)
ordering something on ebay, paying for it but then requesting a chargeback, is fine
ordering something on ebay, and just not paying, is not fine.
yet the recipient is victimised the same way.(not getting paid)