This Canadian town is letting residents pay taxes in Bitcoin

This Canadian town is letting residents pay taxes in Bitcoin


A small town in Canada, just north of Toronto, is joining Ohio in providing its citizens with an option to pay some taxes in cryptocurrency – Bitcoin, to be exact. The town of Innisfil will begin accepting Bitcoin as payment for property taxes in April, local news outlet Simcoe. According to the report, Innisfil is the first municipality in the North American nation to offer citizens the option to pay in cryptocurrency. “Once again, we are proud to be first in taking this bold step by offering this new, exciting payment option to our residents,” Innisfil Mayor Lynn Dollin said…

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This Canadian town is letting residents pay taxes in Bitcoin
Source: The Next Web

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