VATupdate

Share this post on

Kansas Issues Sales Tax Guidance on Digital Currency

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 20-04Sales 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

* click here if you have interesting news to share *