Post
Topic
Board Bitcoin Discussion
Re: The US to pay taxes with bitcoin
by
Bolt Brownie
on 11/02/2018, 18:47:34 UTC
How true could this news be that the Arizona Senate in the United States of America has passed a bill which could allow residents in the state pay their taxes in bitcoin and other altcoins?

https://www.express.co.uk/finance/city/917015/bitcoin-tax-cryptocurrency-tax-bitcoin-price-cryptocurrencies-news/amp

Not sure if this is true, but those would be excellent news for crypto markets. Given the results of the last SEC meeting I would say it's possible because they were quite positive on crypto, and showed that they think crypto is here to stay, and they will not attempt to kill innovation, and are only concerned about scams and greedy people trying to take advantage of all this hype. I do believe we can already pay taxes with BTC in Japan, since its considered legal tender there. Since individual states in the US can pass different bills, maybe this is true. I sure hope so.