Venezuela to accept tax payments in Crypto

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3 years ago

The government under President Nicolas Maduro has tried to foster Petro adoption, even using it as a means to collect taxes.


According to an announcement, the so-called “National Tax Harmonization Agreement”, the Petro will be used as a valid currency for tax collection.


However, some municipalities (mostly opposition to the national governments) have not accept the agreement, arguing that many places in the country do not have the tech facilities to go through with the implementation.

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Very nice article, crypto adaptation will occur worldwide in the near future and in different forms, like buy/sell pay taxes or even withdraw via atm.

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3 years ago

Maybe this stratery is to collect the data of the cryptocurrency wallet owner. If you will pay via crypto of course they will ask your name and related information.

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3 years ago