Though sometimes Bitcoin can circulate as authentic currency ,it’s a kind of electronic currency or exchangeable medium .The statement from the bureau can change people’s attitude towards Bitcoin .Some financial experts said the statement may help Bitcoin to be far away from juridical grey area and enter to mainstream financial system to gain legality .
According to the rule ,like stock holders ,Bitcoin investors should pay for the tax when they make profit .To most American investors ,it seems to a boring thing .Especially those who pay for wage with Bitcoin sometimes should report tax returns .
Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can correct it.
Source
http://forex.cngold.org/c/2014-05-21/c2560997.html
