The answer to this question will depend on who your taxing authority is. We recommend that you consult with a tax attorney or accountant in your country.
For US citizens, when you receive bitcoin in exchange for goods or services, it is taxed as ordinary income. The US tax code requires the company paying you to report the income they paid you if it exceeds $600.
Read the IRS Notice on Virtual Currency here.
The owners of Terra-Luna-Club are US citizens and voluntary US taxpayors.
As a consequence, when a US citizen or resident attempts to make their first commission withdrawal, Terra-Luna-Club will require that you fill out and digitally sign an IRS form W-9. Terra-Luna-Club will report your annual income to the IRS on a form 1099 once a year. When your commissions are posted to your commission account, it will be regarded as received by you.
You may have to sell some of the bitcoin you acquired as Terra-Luna-Club commissions in order to pay the taxes.
In your commission account display, Terra-Luna-Club will provide information on what your "basis" is in each bitcoin commission you receive. We will also provide a date when each bitcoin commission is acquired. When you make a commission withdrawal, we will give you the option to receive either the first bitcoin commissions you acquired or the last. (FIFO or LIFO)
In this way, you will have information on how long you have held the bitcoin before you withdrew it from your Terra-Luna-Club commission account. In the United States, if a property like bitcoin is held for more than one year, any gain on it when you convert it to a central bank currency will be regarded as a long term capital gain instead of ordinary income. The gain or loss is calculated as the difference between your basis and the value of the central bank currency you received in exchange for your bitcoin.
If a US taxpayor refuses to provide the completed and signed W-9 form, they will not be able to withdraw their commissions. In this case, if the IRS regards that money as taxable income for the owners of Terra-Luna-Club, the amount of taxes paid on it will be withdrawn from the commission account.