tax payments – DIGIT INFO

Ohio to consider accepting crypto for tax payments and fees

DIGIT — Mon, 30 Sep 2024 21:25:44 +0000

They tried once in 2018, but the State Board of Deposits “failed” to show any enthusiasm.

US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments

DIGIT — Sat, 15 May 2021 17:30:03 +0000

A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts Crypto Payments The city of Williston in the U.S. […]

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Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea

DIGIT — Sat, 24 Apr 2021 11:48:24 +0000

The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going after hundreds more taxpayers who are delinquent on paying their taxes. Crypto Seizure […]

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Swiss Resort Town Zermatt Accepts Bitcoin for Government Services

DIGIT — Thu, 30 Jan 2020 16:00:17 +0000

Zermatt, a municipality in Switzerland at the foot of the Matterhorn known for its ski resort, has started accepting bitcoin for government services. The Zermatt town hall now has a point-of-sale solution, installed by Zug-based Bitcoin Suisse, to accept the cryptocurrency. A spokesperson for the municipality has shared more details with news.Bitcoin.com. Also read: Dubai […]

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More Cities and Regions Accepting Coins for Taxes, Services

DIGIT — Tue, 06 Aug 2019 14:46:04 +0000

Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and the lives of ordinary people much easier. More […]

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Coinsmart Launches Cryptocurrency Exchange for Canadian Tax Payers

DIGIT — Wed, 18 Jul 2018 07:15:06 +0000

With the international regulatory drive to tackle tax evasion by cryptocurrency users, combined with a lack of clear guidance from authorities in many places, everyday people are concerned about handling reporting themselves. And where there is a need, companies always pop up to tap the demand with various solutions. The latest example of this comes […]

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This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in Florida

DIGIT — Sun, 20 May 2018 12:40:32 +0000

A notable week for Bitcoin Cash (BCH) – the network successfully upgraded the blockchain protocol by extending the block size to 32MB. The change will allow a greater number of transactions to be processed with inexpensive and consistent transaction fees. Also, Seminole County in Florida will accept tax payments in both Bitcoin Cash (BCH) and […]

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