Ohio Now Accepts Tax in BTC
The coming week, ie, Monday onwards the state of Ohio will be accepting the Tax payments of Businesses in Bitcoin.
Businesses in Ohio will be allowed to pay their Tax money using Bitcoin Starting Monday 3rd December.
Though the takeaway being companies that want to participate in the program will have to register themselves on Ohiocrypto.com and pay their taxes Online
The program is appreciated by many, The initiator of the program being Current Ohio State Treasurer Republican Josh Mandel, wants to signal the states long term ambition to be that of a Tech Friendly State.
Any business holding considerable amount of crypto would be skeptical to use this new payment method, infact no business would even invest in Crypto if they don’t believe in it, let alone pay taxes to the Government when its all time low from its December 2017 High.
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