Colorado Now Accepts Bitcoin Payments For Taxes – Bitcoin Magazine

Colorado has become the first US state to accept bitcoin for tax payments.

Governor Jared Polis announced the rollout of the new payment method Monday, at Denver Startup Week, according to a report by Axios Denver.

According to the report, citizens can use cryptocurrencies to pay personal income tax, corporate income tax, sales and use tax, withholding tax, resource tax, and excise tax.

State government Department of Revenue now lists “cryptocurrency” as a payment method among the better established ACH and cash debit and credit cards.

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