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In North America, you can now pay taxes on cryptocurrency. That's right, until now, in one state – Ohio. Businesses are free to pay a wide range of taxes in the crypt – from selling tobacco products to paying taxes on utilities.
The operations take place in three stages. First, the legal entity must register on the ohiocrypto.com resource, then enter the tax data and, finally, choose the appropriate one for the cryptographic wallet transaction. By using the BitPay system, funds converted from cryptocurrency to ordinary money will be transferred to the public treasury.
Previously, other states (Illinois, Arizona, Georgia) were also interested in paying taxes on cryptocurrencies, but refused to innovate for various reasons.
In recent days, the cryptocurrency market has been shaken: bitcoin fell below $ 4,000 and more coins followed. Today, the price of many cryptocurrencies has risen slightly.
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