2018-11-26 13:42 |
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.
com, The Wall Street Journal reports. The website currently supports payments for 23 different types of tax. Here’s the full list: 911 Wireless Cigarette / Other Tobacco Products Commercial Activity (CAT) Consumer’s Use Direct Pay Permit Financial Institution (FIT) Interest on Lawyers Trust Accounts (IOLTA) International Fuel Tax Agreement (IFTA) Kilowatt Hour · Motor Vehicle Fuel…
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