Crypto Currency Now Accepted For All State Tax Payments

Starting September 1, 2022, the Colorado Department of Revenue (DOR) will now accept Cryptocurrency as an additional form of payment for all state taxpayers. This includes individual income tax, business income tax, sales and use tax, withholding tax, severance tax and excise fuel tax. 

Cryptocurrency has been modified as an additional payment option for taxpayers who are ready to complete an online transaction to pay for their state taxes on Revenue Online. This option allows for cryptocurrency payment through the PayPal Cryptocurrencies Hub, where taxpayers will be able to select their desired cryptocurrency to use for the payment. "

Recognize 156 Views