In March, Australian police arrested a fraud that collects taxes from cryptocurrency transactions on behalf of the state. The attackers were sent by mail to the owners of the coins, receipts and earned 50 thousand dollars. Now the American state of Florida passed a law allowing citizens to pay tax in Bitcoin. This writes Coindesk.
Payment of taxes in Bitcoin
The innovation was announced by the chief tax inspector of the state of Joel Greenberg. According to him, Bitcoin and Bitcoin Cash it will be possible to pay the fee for a driver’s license, car plates, property, and ID.
The tax office noted that the decision will reduce the processing time of payment, increase transparency and reduce the likelihood of fraud. Greenberg added that he sees no reason for concern because of the volatility of coins.
We do not evaluate the volatility of crypto-currencies as a risk to citizens. I set a goal to make customer service faster, efficiently and better. Method of payment of the tax has not changed since the 18th century, and we will bring it into the twenty-first.
Greenberg noted that the adoption of cryptocurrencies for the payment of taxes was preceded by the recognition of the blockchain convenient and secure solution for making payments.
Now similar bills considered authorities in Arizona and Georgia, the newspaper notes.
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