Swiss region to take cryptocurrency for tax payments in 2021

Swiss region to take cryptocurrency for tax payments in 2021

3 years ago
Anonymous $UzyKJJH9oy

https://apnews.com/de66352be124548602481d3e88e2d4ff

GENEVA (AP) — A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year.

Switzerland's Zug canton joins its eponymous main city and several Swiss towns in agreeing to take tax payments in cryptocurrency. Zug is thought to be the first region in the rich Alpine country to make the decision.