Top

Paying Taxes in Bitcoin: Retailer Overstock Says It Will Pay Ohio Using Digital Money

January 3, 2019

Via: Fortune
Category:

Once upon a time, people used livestock or bushels of wheat to pay their taxes. Today, we use checks, credit cards, online money and—starting this year in Ohio—Bitcoin.

On Thursday, the online retailer Overstock announced it would pay a part of its Ohio state business tax using the famous digital currency. The move comes after the state last fall unveiled a first-of-its-kind payment portal called OhioCrypto, which lets companies remit taxes using cryptocurrency.

Read More on Fortune