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Old 12-22-2017, 02:15 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
You would still need to provide records of transactions to tax officials, just like any other asset acquisition/disposal.

One slightly convoluted way to convert Chinese Yuan into US Dollars (getting around currency exporting limits) is to mine coins. Pay for electricity in Yuan, then sell the mined Bitcoins for USD somewhere else in the world.
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