According to Pedro Paulo, Rio de Janeiro's finance secretary, the city plans to apply discounts to tax payments made with bitcoin. "You take the single quota discount of 7%, it would make 10% if you pay in bitcoin," Paulo said, adding that the administration needs to study the legal framework. Source link … [Read more...] about Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report
Rio
Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThis was, NLW argues, a very good week for crypto. He covers:The mayor of Rio announcing big bitcoin/crypto support this weekStrike launching in ArgentinaNorthwest Arkansas offering tech workers $10,000 in BTC and a bike to move to the regionA congressman introducing legislation to ban … [Read more...] about Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin