Post
Topic
Board Bitcoin Discussion
Re: A city in Canada is letting people pay taxes in Bitcoin
by
gentlemand
on 16/04/2019, 17:45:46 UTC
what I am asking is how the value of tax is determined by bitcoin which we all know so far that the price of bitcoin is always changing in an instant, is tax at a value with the ongoing btc price?

Of course. They'll be using somewhere like Bitpay most likely which sets the price the moment you're charged. I seriously doubt any government department is going to become a Bitcoin holder. The money flies out as quick as it comes in.