Ohio Passes Law to Facilate Payment of Tax Through Bitcoin

tax	2018-11-26 18:00

While the crypto market continues to see an abundance of red on the charts, it received a massive nod of approval on November 25, 2018. The Wall Street Journal reports the U. S. state of Ohio is set to become the first in the country to allow payment of taxes through bitcoin.

Businesses Can Pay Taxes in Bitcoin From November 26,. . . Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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Источник: btcmanager.com

bitcoin ohio → Результатов: 23

Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service

A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

2019-10-4 22:30
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Ohio State Government’s Payment Portal Now Accepts Bitcoin and Bitcoin Cash

Ohio Accepts Bitcoin And Bitcoin Cash Ohio has made an interesting move and it may just be that other states will follow. The state now accepts Bitcoin and Bitcoin Cash through its BitPay-serviced payment portal.

2018-12-3 21:23	News
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US State of Ohio Accepts Bitcoin for 23 Types of Taxes

The U. S. state of Ohio has set up a cryptocurrency payment portal and reportedly starts accepting payments in bitcoin for 23 types of taxes this week. “Ohio has become the first state in the United States, and one of the first governments in the world, to accept cryptocurrency,” the Treasurer’s Office wrote.

2018-11-27 23:30	Wallets
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Bitcoin, Blockchain and Cryptocurrency News For Today November 26th [VIDEO]

Do You Owe Tax Money In Ohio? You Can Now Use Bitcoin As Settlement! Do You Owe Tax Money In Ohio? You Can Now Use Bitcoin As Settlement! Bitcoin ABC's Bitcoin Cash Software Enhancement Prevents Chain Reorganizations Bitcoin ABC's Bitcoin Cash Software Enhancement Prevents Chain Reorganizations Crypto Market Sees Major Sell Off Causing Tokens To […]

2018-11-27 22:42	News
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Ohio set to become first US state to accept Bitcoin for taxes

In what could be the biggest institutional nod of approval to cryptocurrencies across the globe, Ohio is set to become the first state to accept Bitcoin for tax payments. Starting this week, Ohio businesses can pay anything from tobacco to public utilities tax on OhioCrypto.

2018-11-26 13:42	hard fork
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Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin

Ohio has become the first U.S. state to allow taxes to be paid in bitcoin, starting with businesses.

2018-11-26 13:15	Bitcoin
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Good News: First US State Officially Starts Accepting Bitcoin for Tax Payments

CoinSpeaker Good News: First US State Officially Starts Accepting Bitcoin for Tax Payments Starting from today, Ohio businesses can pay taxes with Bitcoin. The authorities will use crypto payment processor BitPay which will handle the payment in crypto and conversion to dollars for the tax office.

2018-11-26 12:02	BTC
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Ohio ‘Plants a Flag’ For Bitcoin Adoption, Accepting BTC for Taxes

In what could be a further critical sign of cryptocurrency adoption in the U. S, businesses in Ohio will shortly be able to pay their taxes online using Bitcoin. The progression will be rolled out to personal taxpayers at some point in the future.

2018-11-26 10:00
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Bitcoin Price Analysis: BTC/USD Up $400 After Temporarily Sinking Below $3,700

Thanks to Josh Mandel idea, 23 different businesses in the state of Ohio will begin paying their taxes in Bitcoin. This new “convenience and adaptation” goes to show how BTC is taking root and is nowhere from being quashed despite draw downs that has seen miners in several parts of China auction their gear.

2018-11-26 09:33
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Ohio to accept Bitcoin (BTC) for tax bills

According to the WSJ report on November 25, Ohio appears set to become the first state to accept Bitcoin (BTC) for tax bills. Beginning this week, Ohio businesses will be able to go to the website OhioCrypto.

2018-11-26 08:39	Taxes
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Ohio First State to Accept Bitcoin: Calling Crypto Secure, Transparent, and Low Cost

Beginning Nov. 26, Ohio will begin accepting Bitcoin payments for twenty-three kinds of business taxes. The state will become the first in the United States–and one of the first governments in the world–to accept cryptocurrency.

2018-11-26 04:28	United States
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Even though bitcoin is “dead again”, you can now pay taxes with it in a big US state

nitialization eligible for damages. Major US state to start accepting tax payments in Bitcoin In news that definitely screams “real world” cryptocurrency adoption, US state of Ohio will give its tax payers an option to pay their taxes with Bitcoin.

2018-11-26 02:29	Crypto Journal
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Major US museum now accepts Bitcoin (BTC) as a payment method

Great Lakes Science Center, museum and educational facility in downtown Cleveland, Ohio, will accept Bitcoin as a payment method, Crain’s Cleveland Business reported. The museum announced that it would begin accepting bitcoin transactions starting November 13.

2018-11-12 18:14
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Top Bitcoin, Blockchain and Crypto News For Today October 23 [VIDEO]

Bitcoin Insurance May See Homeowner Policy Coverage Protection in Ohio Crypto Theft Court Case Bitcoin Insurance May See Homeowner Policy Coverage Protection in Ohio Crypto Theft Court Case Chile's Buda Crypto Exchange Adds Bitcoin Lightning Network Functionality to Its Platform Chile's Buda Crypto Exchange Adds Bitcoin Lightning Network Functionality to Its Platform How Ripple's xRapid […]

2018-10-24 02:12	News
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Bitcoin Insurance: It May Be Covered By Your Homeowner Policy

Smart contract insurance is still a long way off, but one Bitcoin hodler is protecting his gains the old-fashioned way. An Ohio man is attempting to claim $16,000 of stolen Bitcoin under his Homeowner’s Policy, justifying the claim under the IRS’ definition of virtual currency as “property.

2018-10-23 02:22
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Cryptocurrency Regulations on the Floor at Capitol Hill

A new crypto bill will be presented by the US Congress this fall led by Ohio Republican Warren Davidson. He is hosting a roundtable of representatives from Wall Street, venture capital firms and crypto companies to understand the crypto industry better.

2018-9-25 17:15
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US Car Dealership BMC Starts Accepting Crypto Payments

Bernie Moreno Companies, a car dealership company based in Cleveland, Ohio, said it accepts payments in Bitcoin, Ethereum, Litecoin and other cryptocurrencies.

2018-9-10 16:21	News
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ICO Regulation: Ripple, NASDAQ and 30 Others Invited by Ohio Congressman for Discussion, Days Before ETF Decision

Come September, a number of key stakeholders in the global crypto industry, including Ripple, ICE, and NASDAQ, among many others, will meet a US Congressman from the state of Ohio to discuss initial coin offering (ICO) regulation.

2018-8-21 19:19	ICO
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Blockchain Data Now Has Legal Bearing in the State of Ohio

Governor John Kasich from the Midwestern state of Ohio signed a bill this week that formally recognizes data recorded on a blockchain and electronic signatures as having legal bearing in a court of law.

2018-8-9 18:25
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Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters

The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports.

Brazil targets crypto investors with new tax proposal

Brazil's government proposes a bill to reform tax rules for financial investments and crypto assets, targeting tax havens with a 22.5% rate.

Indonesia’s Crypto Evolution: Government Eyes Changes In Taxation Landscape

Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country’s crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime. Related Reading: Former FTX, […]

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.

Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report

The bill is awaiting presidential approval.

Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes

Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain’s Tax Administration Agency, Agencia Tributaria.

South Koreans Hold $99B of Digital Assets Overseas: Tax Service

The crypto held in overseas accounts for about 70% of all assets held outside the country.

2018-11-26 18:00

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