Zug Switzerland to accept Bitcoin for tax payment

posted 26 days ago
The canton of Zug, one of the member states of the Swiss Confederation, is set to accept Bitcoin for tax payment from next year.

The Zug administration announced the news, saying that beginning February 2021, companies and individuals will be able to pay their taxes in Bitcoin for an amount of up to CHF 100,000 (~$110,000).
Tags: bitcoin, blockchain, news