- Oklahoma will prohibit additional taxes on the use of digital assets as a method of payment
- This means that digital assets like Bitcoin will not be subject to additional taxes when used for transactions
- The move is aimed at promoting the use of digital assets in the state
- Oklahoma joins other states in the US that have taken similar steps to encourage the use of digital currencies
Source: research.ibfd.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United States"
- 2026 Local Sales Tax Rate Changes: What U.S. Businesses Need to Know and How to Prepare
- How to Register for a Puerto Rico Sales Tax Permit: Step-by-Step Guide
- Illinois Repeals State Grocery Tax, Allows Local Governments to Impose Their Own 1% Tax
- How to Find California Sales and Use Tax Rates by Address Using CDTFA’s Online Tool
- Sales and Use Tax Exemptions for Nonprofit Organizations: A Guide by CDTFA
