When I woke up, I saw many friends posting this picture. I don't know if it's true or false, but there are two interesting perspectives: How was it discovered when trading virtual currencies on overseas platforms? The CRS that caused a stir recently did not cooperate with exchanges. Someone might say. That's because unscrupulous exchanges provide data. But if that's really the case, wouldn't it be too childish to declare less than 100000 US dollars for 636000 RMB? Twitter and other big names in China have incomes of over 10 million US dollars. If you really want to investigate, you must start with 'high net worth'. But so far, I haven't heard of any high net worth individual being asked to pay taxes. And if high net worth is investigated, it may not be a 20% problem. 2. How to determine the annual net income is crucial, not because of one or a few transactions, but because of the annual income, which often appears in bank statements. So personally, I estimate that the assets were randomly checked and questioned during the deposit and withdrawal process, and then the friend honestly confessed to the cryptocurrency trading and submitted the profit record. Moreover, he should be a friend who has been trading cryptocurrency for no more than a year or has just made a profit this year. Do you have to worry about being reported? Yes, and no, if someone reports you for tax evasion, there is a possibility of being investigated. However, the report must have evidence. It's not about me suspecting someone and anyone will be investigated. It's about evidence. Without evidence, it won't be accepted, and the evidence is likely to be through bank transfer. The same goes for overseas partners. If your funds are returned to China on a large scale through overseas channels, then the same applies. But if you keep it in your overseas account, there won't be any problem. PS: The supplementary payment amount of 127200 should be 10000 yuan, and indeed the asset transfer income tax rate is 20%. That's right. This tax law was formulated in 2008, and the State Administration of Taxation issued the approval document "Guoshuihan [2008] No. 818", which clearly states that "individuals who purchase virtual currency from players through the internet and sell it to others at a markup shall be considered as income from property transfer and shall pay personal income tax. Although virtual game currency was mentioned at the time, it was indeed implemented in this way by local tax authorities.