OHIO – THE US SECOND STATE TO ACCEPT BTC FOR TAX PAYMENTS
According to the latest news, US businesses in Ohio soon will be able to pay their taxes online by using Bitcoin. The promotion will be offered to personal taxpayers at some point in the near future.
State Treasurer Josh Mandel is the pioneer of this idea and starting from upcoming week, the state’s companies and corporations will be able to carry Bitcoin tax payments at OhioCrypto.com. The payments will be treated by US Company BitPay, which makes the BTC conversion to US dollars for the Ohio government.
The state official hopes the initiative is a real chance to involve Ohio in the much anticipated wider adoption of Bitcoin.
Other US states, like Arizona, Georgia and Illinois, have had bills with similar propositions, stalled in the legislative approval process. As an elected official, Mandel was able to push through his plans without approval from the state’s legislature or governor.