Feature

States Examine Cryptocurrency As New Way To Collect Tax

Law360 (February 28, 2018, 7:24 PM EST) -- At a time when the volatile path of bitcoin has gained it newfound notoriety and public awareness, lawmakers in at least two states are embracing the cryptocurrency trend and looking to make it legal tender for the payment of taxes.

In what has become a legislative race for the history books, pending bills in Arizona and Georgia not only would make cryptocurrency a valid form of payment for state taxes, but would also lift the legitimacy of these digital alternatives to dollars.

"I believe it can provide another alternative that is safe, fast, cheap and convenient," said Arizona state Sen. Warren...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!