Only a few states have issued guidance on the sales tax treatment of digital currency transactions. On November 2, 2020, Kansas joined this group, with Notice 20-04, Sales Tax Requirements Concerning Digital Currency Under the Retailers’ Sales and Compensating Tax Acts (the “Notice”), issued by the Kansas Department of Revenue (the “Department”).
Source: blockchainlegalresource.com
Latest Posts in "United States"
- US Supreme Court refers US President Donald Trump’s broad import duties to the wastebasket
- California Beer Sales and Use Tax: Key Rules, Exemptions, and Guidance for Brewers and Distributors
- Touchless Compliance: How Agentic AI Is Revolutionizing Sales and Use Tax Automation
- Virginia Proposes 2027 Digital Sales Tax Expansion Impacting SaaS, Software, and Digital Services
- Arkansas Local Sales Tax Rate and Annexation Changes Effective April 1, 2026
