Britain, Japan and so on are tax on Bitcoin, China's behavior such as Bitcoin transactions is not tax, which is why? What will happen?
If Bitcoin needs to pay taxes, what are the taxation links? Which taxes include?
There are lots of guidelines directing taxation as stipulated by the law. cryptocurrency is still a new technology and no legislation about its operation has been put in place. this will make it difficult to tax bitcoin as there are no grounds and rates at which it should be levied. the Impossibility to trace bitcoin transactions also makes it challenging as there is no certainty on the amount to be levied.