Tag Archives: Pay

Overstock Will Be First Major Company to Pay State Taxes in Bitcoin

Online retail giant Overstock will become the first major US company to pay part of its 2019 Ohio state business taxes in bitcoin. Overstock — which has a blockchain business division — said the move is part of its ongoing efforts to promote cryptocurrency use. Continue reading Overstock Will Be First Major Company to Pay State Taxes in Bitcoin

Ohio Businesses Can Now Pay Taxes with Bitcoin

Ohio will become the first state in the US to officially accept tax payments in bitcoin, according to a Wall Street Journal report. Beginning this week, businesses who plan to make settlements for their taxes with bitcoin can visit OhioCrypto.com and register to pay all their corporate taxes to the government in BTC. The state government has partnered with crypto payment processor BitPay to handle the payment in crypto and conversion to dollars for the tax office. Continue reading Ohio Businesses Can Now Pay Taxes with Bitcoin