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Topic: Tax Collector to Accept Bitcoin - page 2. (Read 1138 times)

full member
Activity: 714
Merit: 160
October 28, 2018, 11:20:19 PM
Hmm,
I hope my country someday will follow it too, so I can directly pay my tax without needed to convert my Bitcoin to flat money first...
Anyway, my local exchange already includes tax for every crypto transaction happens in this exchange...
hero member
Activity: 1078
Merit: 501
October 28, 2018, 09:55:16 PM
This is a good way to start up as the government finally accepts bitcoin as a way of payment too, we are hoping as well that here in our country the world of crypto will be widely use too and that the government will also accept it.
I don't think this is a good idea, because in our country, bitcoin is already accepted without tax, so if other countries will start to collect tax from bitcoin then for sure they will collect tax here in our country too.
full member
Activity: 812
Merit: 101
October 28, 2018, 09:43:04 PM
that's a very good decision, when the crypto world developed well, and adopted by the world, then I think taxes must be applied.

and I think it's very influential on the country's economic stability, security, and also the development of crypto.
full member
Activity: 826
Merit: 100
October 28, 2018, 09:09:54 PM
It means that bitcoin is slowly getting their names in allnover the world. Bitcoin is so famous all over the world. And some country using bitcoin even in their government. I couldn't imagine what can bitcoin will influence for us five years from now in terms in marketing. Inlbow it will be great.
for bitcoiners it is like that, but if we see that btc users are only around 1%, of course there are still many who do not understand about btc. therefore tax collectors have not been able to do anything before policy of government appears
full member
Activity: 854
Merit: 108
October 28, 2018, 07:20:19 PM
This shows of how supportive is the US government to Bitcoin existence and this also shows that Bitcoin is really legal to use in the USA despite of banning the US citizens of joining some ICO projects. This is a good news at it will make the tax payers to pay their obligations more convenient.
sr. member
Activity: 672
Merit: 250
October 28, 2018, 04:30:28 PM
It means that bitcoin is slowly getting their names in allnover the world. Bitcoin is so famous all over the world. And some country using bitcoin even in their government. I couldn't imagine what can bitcoin will influence for us five years from now in terms in marketing. Inlbow it will be great.
newbie
Activity: 5
Merit: 0
October 27, 2018, 01:27:53 AM
Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments

A Florida county tax collector has partnered with bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.

Seminole County Tax Collector Joel Greenberg said in a statement Monday that his office will take bitcoin and bitcoin cash for payments associated with driver licenses and ID cards, automobile tags and titles and property tax.

The office decided to accept the cryptocurrencies in an effort to streamline fee collection, reduce the potential for fraud and identity theft and increase the transparency and accuracy of payments. Greenberg's office added that it does not perceive any "price volatility or risk to the County" in accepting the cryptocurrencies.

credits: https://www.coindesk.com/florida-tax-collector-accept-bitcoin-bitcoin-cash-payments/

I really like the trend, hope more good news are coming from around the world.
member
Activity: 473
Merit: 11
October 10, 2018, 03:30:33 AM
Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments

A Florida county tax collector has partnered with bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.

Seminole County Tax Collector Joel Greenberg said in a statement Monday that his office will take bitcoin and bitcoin cash for payments associated with driver licenses and ID cards, automobile tags and titles and property tax.

The office decided to accept the cryptocurrencies in an effort to streamline fee collection, reduce the potential for fraud and identity theft and increase the transparency and accuracy of payments. Greenberg's office added that it does not perceive any "price volatility or risk to the County" in accepting the cryptocurrencies.

credits: https://www.coindesk.com/florida-tax-collector-accept-bitcoin-bitcoin-cash-payments/

I think this is also one of the best crypto developments, so people who previously or even tax employees who don't know about Crypto become aware of crypto. but on the other hand such usage can endanger taxpayer customers
newbie
Activity: 84
Merit: 0
October 10, 2018, 12:39:11 AM
Steps toward the legalization of the crypto currency are well under way.  A good option is to take taxes by crypto currency.
A wise government will think realistically that bitcoin cannot be stopped, it is better managed to be beneficial for the country. An example is the receipt of tax payments using bitcoin, taxing the owner of bitcoin in collaboration with a bitcoin exchange place, accepting investors from abroad to increase investment, etc.
newbie
Activity: 16
Merit: 0
September 29, 2018, 06:59:22 AM
#99
Evaluate all the functions of that activity, which is why Bitcoin will contribute a small part to the progress, progress and wealth of the country. Bitcoin is traded and the government is taxed, it's worth it. The government must also acknowledge the contribution and then think about joining. I do not know, does the Florida condition support me to use that rule? I always remind people here that when a country wants to adopt cryptography, one thing that must be considered is the publicity condition.
hero member
Activity: 672
Merit: 500
September 17, 2018, 02:07:49 AM
#98
This is a good step for the country to accept Bitcoin as a legitimate payment tool, because Bitcoin has various advantages that Fiat money does not have. especially this to pay taxes, because we all know that taxes are one of the state-owned agencies.
jr. member
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
September 17, 2018, 01:55:46 AM
#97
This is both good and bad, it allows hodlers to pay using other assets but soon they will male it easier to tax your bitcoin holdings. There is no hiding from the taxman, soon investors will be switching their portfolio to privacy coins  Grin
copper member
Activity: 166
Merit: 100
September 17, 2018, 01:22:47 AM
#96
 If Bitcoin is trading, the government has to be taxable and it will be worth it. That is why Bitcoin will contribute a small portion of the country's development, progress and wealth. Then the government will acknowledge the contribution and contributions. Then think about taking it.
member
Activity: 378
Merit: 10
“The Premier Digital Asset Management Ecosystem”
August 12, 2018, 08:12:58 AM
#95
The BTC will become the overall currency of the entire economy in the future
member
Activity: 532
Merit: 15
August 12, 2018, 07:39:08 AM
#94
Good news, it means they are finally recognizing Bitcoin as a currency.
newbie
Activity: 20
Merit: 0
August 12, 2018, 07:35:08 AM
#93
This is outstanding! I can't believe this happening! Thanks God and thanks Joel Greenberg for setting a good example!  Cool
jr. member
Activity: 667
Merit: 1
August 12, 2018, 07:34:53 AM
#92
This is indeed a good development. I am sure we will see more of this very soon. I believe with this kind of development, we will see more standings and progress of Bitcoin and cryptocurrencies.
full member
Activity: 350
Merit: 100
August 12, 2018, 07:18:17 AM
#91
seriously? we can pay with our bitcoin i think its amazing, so all taxes that we should pay can paid with bitcoin? our bitcoin will be very useful if this happen, i hope not in the bitcoin only but it will be in all things in the world that we can pay something with bitocin
member
Activity: 218
Merit: 10
August 12, 2018, 07:11:20 AM
#90
This shows that bitcoin is being incorporated into the structure of our society when tax collectors have added bitcoin as a tax payment tool. This means that they will carry out continuity studies to ensure that this is a sustainable and feasible method of collecting taxes.
newbie
Activity: 18
Merit: 0
August 12, 2018, 06:19:52 AM
#89
This is really mind-blowing! At this rate, we'll see bitcoin accepted as payment across the globe a lot sooner than I thought. Congrats to all of us here!  Great news!
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