Georgia Considers Accepting Bitcoin and Other Cryptocurrency for Tax Payments

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • David Dinkins
    📰 News

    Georgia’s proposed law stipulates that the state’s Department of Revenue can accept tax payments in Bitcoin (BTC) and any other peer-to-peer digital currency

Georgia Considers Accepting Bitcoin and Other Cryptocurrency for Tax Payments
Cover image via u.today

Georgia has become the second state to consider accepting cryptocurrency for tax payments. Georgia’s proposed law stipulates that the state’s Department of Revenue can accept tax payments in Bitcoin and any other peer-to-peer currency. The bill mandates that the cryptocurrency will be converted into US Dollars by the recipient (the state) within a day of receipt.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!

About the author

David Dinkins is a freelance writer who holds a Master of Arts in history from Louisiana Tech University and has extensive teaching experience both at LSU – Shreveport and University of Phoenix. He got involved with cryptocurrency in early 2014 working as part of the Dash Core Team and have served in the role of writer/editor (mostly editor) during that time. He has edited a huge number of documents for the Core Team, including the Evolution whitepaper, the PrivateSend whitepaper, and many of Evan Duffield’s communications with the Dash Community.

TOP TRADING BOTSPromoted
Recommended articles
CLOUD MININGPromoted

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings