New Hampshire House Subcommittee approved bitcoin for tax bill

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yash0108
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![image.png](https://ipfs.busy.org/ipfs/QmZttoSbpA3F898GbbMrqc7eB6gLcz2u3f6MsZUhd7Fm6f) Now after some discussions, the New Hampshire House subcommittee unanimously approved the state's Bitcoin for tax bills. During the first week of New Year, two American representatives of New Hampshire, Denis Acton and Michael Yakubovich proposed a bill, which would allow the residents of the state to pay taxes with a crypto taxation. ![image.png](https://ipfs.busy.org/ipfs/QmTX9FWTFBVmjiDBkvdj7qZcbFVAebEdMvynA6MqP5XiWp) ## New Hampshire Bitcoin unanimously passed for tax bills _________________ For the past few weeks, the legislators of the state are discussing the recently introduced bill, HB 470, these residents of the state of New Hampshire, otherwise known as "independent state", soon after using the crypto taxation May be able to pay. Bitcoin ![image.png](https://ipfs.busy.org/ipfs/QmVekyvbcsU7B68X7diUY3KvRvy5qKEwpPHt28oXBrxmvL) ## New Hampshire connects Ohio and possibly Indiana __________________ This will address the issues of any accounting, evaluation and management related to HB 470 bills accepting cryptocurrencies. Which they will allow residents to pay specific New Hampshire taxes with Bitcoin. https://youtu.be/HIrDiPMx3aM New Hampshire will join the state of Ohio if the bill gets passed to HB 470 and its Indiana MPs are also in the midst of proposing a similar tax bill. Apart from this, this plan will need to find third party payment processors which will process digital asset transactions without any cost in the state. [source](https://news.bitcoin.com/new-hampshire-house-subcommittee-approves-bitcoin-for-taxes-bill)

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