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cryptonews
2022-10-12 08:17:00

Rio de Janeiro to Allow Citizens to Pay Property Taxes in Crypto from 2023

Rio de Janeiro to Allow Citizens to Pay Property Taxes in Crypto from 2023

The Brazilian city of Rio de Janeiro will let its crypto-holding residents use their coins to pay their property tax bills from next year. Globo reported that the city hall has published a decree in its Municipal Gazette that states that Rio will “hire companies specialized in carrying out the conversion of cryptoassets into [fiat]” to let Rio residents pay a property tax known as the IPTU (the Urban Building and Land Tax)....Read More: Rio de Janeiro to Allow Citizens to Pay Property Taxes in Crypto from 2023

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