Post
Topic
Board Bitcoin Discussion
Re: Tax Collector to Accept Bitcoin
by
Melody2
on 31/05/2018, 07:42:56 UTC
Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments

A Florida county tax collector has partnered with bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.

Seminole County Tax Collector Joel Greenberg said in a statement Monday that his office will take bitcoin and bitcoin cash for payments associated with driver licenses and ID cards, automobile tags and titles and property tax.

The office decided to accept the cryptocurrencies in an effort to streamline fee collection, reduce the potential for fraud and identity theft and increase the transparency and accuracy of payments. Greenberg's office added that it does not perceive any "price volatility or risk to the County" in accepting the cryptocurrencies.

credits: https://www.coindesk.com/florida-tax-collector-accept-bitcoin-bitcoin-cash-payments/

I also heard the state of Texas also accepts bitcoin as a tax payment option. I don't know how true this is but if it is, then it is great news as bitcoin slowly becomes part of the financial forces