Sure, Pay Taxes On Bitcoin ... But Pay Taxes With Bitcoin? Colorado Becomes First State To Let You Do It

Summary by Ground News
Colorado Gov. Jared Polis announced on Monday that state residents can pay taxes with cryptocurrencies. The move expands Polis' relationship with blockchain companies in the state. The state does not intend to hold crypto on its balance sheet, and will work with a third party to transfer crypto payments to USD.
Published 3 months ago

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Colorado becomes first state to accept crypto for tax payments

The state will take the digital payments and deposit the equivalent value in dollars into the state treasury.

3 months ago·United States
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Sure, Pay Taxes On Bitcoin ... But Pay Taxes With Bitcoin? Colorado Becomes First State To Let You Do It

In April, Colorado Gov. Jared Polis pledged to make the state more cryptocurrency-friendly. On Monday, he took the next step by announcing residents of the state can pay taxes with cryptocurrencies.What Happened: Polis shared the news at Denver Startup Week, a five-day (Sept. 19 to 23) networking event in the city that focuses on uniting the entrepreneurial community in the city.According to the state's Department of Revenue, cryptocurrency paym…

3 months ago·New York, United States
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Colorado Becomes First US State To Accept Bitcoin As Payment For Taxes

Colorado residents can now pay state taxes with bitcoin and cryptocurrency –– but only with a PayPal account.

3 months ago
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Breaking: Colorado becomes the first state to accept Bitcoin as payment for taxes

Colorado has just become the first state to accept cryptocurrencies for tax payments through the PayPal Cryptocurrency Hub

3 months ago
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