Rio de Janeiro to Allow Real Estate Tax Payments With Crypto as of 2023, Mayor Says
The state administration will convert crypto payments immediately to Brazilian reais, Mayor Eduardo Paes added. Original Source
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Rio de Janeiro to accept Bitcoin for real estate taxes from 2023
The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes related to urban real estate within their city limits, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU).As reported by Cryptox Brazil, the new pro-crypto tax laws will be implemented from 2023, which
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Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency – Bitcoin News
Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The plan is to turn the city into a cryptocurrency-friendly hub, and there are other tax incentives
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Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThis was, NLW argues, a very good week for crypto. He covers:The mayor of Rio announcing big bitcoin/crypto support this weekStrike launching in ArgentinaNorthwest Arkansas offering tech workers $10,000 in BTC and a bike to move to the regionA congressman introducing legislation to
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Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report
According to Pedro Paulo, Rio de Janeiro's finance secretary, the city plans to apply discounts to tax payments made with bitcoin. "You take the single quota discount of 7%, it would make 10% if you pay in bitcoin," Paulo said, adding that the administration needs to study the legal framework. Source
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Rio De Janeiro to Allocate 1% of Treasury Reserves to Bitcoin: Report
According to Pedro Paulo, Rio de Janeiro's finance secretary, the city plans to apply discounts to tax payments made with bitcoin. "You take the single quota discount of 7%, it would make 10% if you pay in bitcoin," Paulo said, adding that the administration needs to study the legal framework. Original
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