Arizona promoting bitcoin payment bill

Arizona promoting bitcoin payment bill

Advance a legislative proposal of Arizona state legislator, may allow a resident of the state with bitcoin payment tax.

The media reported earlier this month, the Arizona legislature received legislative proposals, if approved, the taxpayer can use tax payment in bitcoin or other encryption currency. Bill dated January 9th.

Display the contents of the bill:

“Upon receipt of tax, the IRS will be in accordance with the mainstream exchange rate within 24 hours, the encrypted currency into dollars. And after the exchange of dollars in taxpayer accounts”.

Public records show that last week the Arizona Senate Finance Committee has to 4-3 through the move. The bill was in the Senate rules committee approval stage, but the finance committee will increase the possibility of bill endorsement.

The conversation with the local media in ABC15, a state senator, Bill drafting WarrenPetersen, and feedback from voters act requirements.

“Since I started working, I was surprised by the number of encryption currency holders more, than you might guess”.

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