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Ohio will accept bitcoin for tax payments

Section: Daily Dispatches

By Paul Vigna
The Wall Street Journal
Monday, November 26, 2018

Ohio appears set to become the first state to accept bitcoin for tax bills, a show of support for a technology that has garnered lots of hype but failed to gain traction as a form of payment.

Beginning this week, Ohio businesses will be able to go to the website OhioCrypto.com and register to pay everything from cigarette sales taxes to employee withholding taxes with bitcoin. Eventually the initiative will expand to individual filers.

... Dispatch continues below ...


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The idea to accept the digital currency for taxes came from state Treasurer Josh Mandel, who has held the office since 2011 and started taking an interest in bitcoin several years ago. Mandel, 41 years old, views the new program both as a convenience for filers and an opportunity for "planting a flag" for Ohio in the currency's adoption. ...

... For the remainder of the report:

https://www.wsj.com/articles/pay-taxes-with-bitcoin-ohio-says-sure-15431...

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