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Zug, Switzerland to accept tax payments in crypto

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Re: Zug, Switzerland to accept tax payments in crypto

#3

I wonder if this might be implemented to encourage individuals who convert cryptocurrency to fiat , to also easily pay tax at the same time.

It might be for convenience but I think it is mostly a statement from the Zug canton to confirm their commitment to crypto.

I doubt national governments will follow suit as their fiat currencies’ valuation is based on them charging their taxes in those currencies.