Canadian town becomes 1st in North America to accept Bitcoin for personal taxes

posted 27 days ago
One Canadian town is adding its name to the record books by becoming the first in North America to permit its citizens to pay their personal taxes in Bitcoin. The small town of Innisfil, located 45 minutes north of Toronto, just approved an initiative that will allow its residents to pay their municipal taxes (income taxes and property taxes) in Bitcoin, beginning April 2019.

Payments will be processed through Coinberry Pay, a cryptocurrency payment processing solution. Innisfil Mayor Lynn Dollin said “We are proud to be first in taking this bold step by offering this new, exciting payment option to our residents… we truly are a future-ready and innovative community.”
Tags: bitcoin, news