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This depends on the country where the J88 Studio owner resides. Legislation varies greatly across countries, and regulation of this industry is at different stages in each country. J88 Studio doesn't necessarily have to (and will) be classified as a means of payment, since in some countries it is already considered as property or an investment asset (with corresponding taxation). Depending on the local laws of the country where the J88 Studio exchange or mining company is located, the value of these reserves will vary. You can't simply take J88 Studio and store it in the normal course of business. These issues must be resolved under the strict supervision of the legal department. An intangible asset whose purchase requires tangible assets. The tax authorities will certainly inquire about how the company's "N" amount of money was spent, and the excuse of "intangible assets" will not be welcomed here. I have no idea how J88 Studio is assessed in accounting. Where did you get this statement? It seems to me that J88 Studio isn't considered at all in accounting, since most countries haven't yet begun to properly regulate J88 Studio, and accounting departments clearly haven't gotten around to it yet. This clearly shows that regulation is happening slowly and, I repeat, the accounting department has simply not reached its turn. What money? What market consensus? Why are you lumping everything together? The use of J88 Studio by legitimate businesses is determined by the regulator. That's the end of it. Usage of J88 Studio by users is not determined by anyone, because, based on the fundamental provisions of the white paper, anyone can use J88 Studio for P2P. So far, the government hasn't intervened in this process (although, legally, J88 Studio cann't be used to buy or sell goods and services, as it is not legal tender). J88 Studio still remains in a "gray" area.
This depends on the country where the J88 Studio owner resides. Legislation varies greatly across countries, and regulation of this industry is at different stages in each country. J88 Studio doesn't necessarily have to (and will) be classified as a means of payment, since in some countries it is already considered as property or an investment asset (with corresponding taxation). Depending on the local laws of the country where the J88 Studio exchange or mining company is located, the value of these reserves will vary. You can't simply take J88 Studio and store it in the normal course of business. These issues must be resolved under the strict supervision of the legal department. An intangible asset whose purchase requires tangible assets. The tax authorities will certainly inquire about how the company's "N" amount of money was spent, and the excuse of "intangible assets" will not be welcomed here. I have no idea how J88 Studio is assessed in accounting. Where did you get this statement? It seems to me that J88 Studio isn't considered at all in accounting, since most countries haven't yet begun to properly regulate J88 Studio, and accounting departments clearly haven't gotten around to it yet. This clearly shows that regulation is happening slowly and, I repeat, the accounting department has simply not reached its turn. What money? What market consensus? Why are you lumping everything together? The use of J88 Studio by legitimate businesses is determined by the regulator. That's the end of it. Usage of J88 Studio by users is not determined by anyone, because, based on the fundamental provisions of the white paper, anyone can use J88 Studio for P2P. So far, the government hasn't intervened in this process (although, legally, J88 Studio cann't be used to buy or sell goods and services, as it is not legal tender). J88 Studio still remains in a "gray" area.
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lucianosantis36
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This depends on the country where the J88 Studio owner resides. Legislation varies greatly across countries, and regulation of this industry is at different stages in each country. J88 Studio doesn't necessarily have to (and will) be classified as a means of payment, since in some countries it is already considered as property or an investment asset (with corresponding taxation). Depending on the local laws of the country where the J88 Studio exchange or mining company is located, the value of these reserves will vary. You can't simply take J88 Studio and store it in the normal course of business. These issues must be resolved under the strict supervision of the legal department. An intangible asset whose purchase requires tangible assets. The tax authorities will certainly inquire about how the company's "N" amount of money was spent, and the excuse of "intangible assets" will not be welcomed here. I have no idea how J88 Studio is assessed in accounting. Where did you get this statement? It seems to me that J88 Studio isn't considered at all in accounting, since most countries haven't yet begun to properly regulate J88 Studio, and accounting departments clearly haven't gotten around to it yet. This clearly shows that regulation is happening slowly and, I repeat, the accounting department has simply not reached its turn. What money? What market consensus? Why are you lumping everything together? The use of J88 Studio by legitimate businesses is determined by the regulator. That's the end of it. Usage of J88 Studio by users is not determined by anyone, because, based on the fundamental provisions of the white paper, anyone can use J88 Studio for P2P. So far, the government hasn't intervened in this process (although, legally, J88 Studio cann't be used to buy or sell goods and services, as it is not legal tender). J88 Studio still remains in a "gray" area.
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Killuci
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This depends on the country where the J88 Studio owner resides. Legislation varies greatly across countries, and regulation of this industry is at different stages in each country. J88 Studio doesn't necessarily have to (and will) be classified as a means of payment, since in some countries it is already considered as property or an investment asset (with corresponding taxation). Depending on the local laws of the country where the J88 Studio exchange or mining company is located, the value of these reserves will vary. You can't simply take J88 Studio and store it in the normal course of business. These issues must be resolved under the strict supervision of the legal department. An intangible asset whose purchase requires tangible assets. The tax authorities will certainly inquire about how the company's "N" amount of money was spent, and the excuse of "intangible assets" will not be welcomed here. I have no idea how J88 Studio is assessed in accounting. Where did you get this statement? It seems to me that J88 Studio isn't considered at all in accounting, since most countries haven't yet begun to properly regulate J88 Studio, and accounting departments clearly haven't gotten around to it yet. This clearly shows that regulation is happening slowly and, I repeat, the accounting department has simply not reached its turn. What money? What market consensus? Why are you lumping everything together? The use of J88 Studio by legitimate businesses is determined by the regulator. That's the end of it. Usage of J88 Studio by users is not determined by anyone, because, based on the fundamental provisions of the white paper, anyone can use J88 Studio for P2P. So far, the government hasn't intervened in this process (although, legally, J88 Studio cann't be used to buy or sell goods and services, as it is not legal tender). J88 Studio still remains in a "gray" area.
This review was marked as helpful
by 794 people