Swiss Town to Accept Tax Payments in Bitcoin

The municipality of Chiasso in Switzerland is to start accepting tax payments in bitcoin, according to a local news report.
The new scheme, to be put into place for the start of next year, was apparently made following discussion with various blockchain groups based in the area.
There are limits to the scheme, however, and tax payments made in bitcoin cannot exceed 250 Swiss francs (around $265), the report states.
The Mayor of Chiasso, Bruno Arrigoni, was cited as saying that the town is "recognised internationally as an epicentre of a growing technological and economic growth for both the canton and in Switzerland."
Nicknamed the "CryptoPolis," Chiasso is set on establishing itself as a rival to the country's blockchain epicentre Zug, and has reportedly seen eight startups set up base there in the past few months.
Zug, which has become famous internationally as Switzerland's "Cryptovalley," announced it would allow citizen to pay for government services in digital currencies back in 2016. However, Zug has not made any move to integrate bitcoin tax payments as an option for its inhabitants.

iCryptocurrency Says "Make Money. $100 Life Changer"

Support our broadcast. We appreciate your donations and helping hands.
Bitcoin >> 138QHKzao2ZKcbbVzDVruMww6ZmBBsp2BN
Ether >> 0xDbf14A559b99E2E7b0b6bd2D92Ea5a3a691f4694
Swiss Town to Accept Tax Payments in Bitcoin Swiss Town to Accept Tax Payments in Bitcoin Reviewed by iCryptocurrency on September 12, 2017 Rating: 5

No comments:

Powered by Blogger.