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New Hampshire Passes on Plan to Take Bitcoin for Tax Payments

paymentweek.com / Steven Anderson / February 4, 2016

Anyone else starting to get their tax stuff around?

April 15 comes sooner than you might expect, and that’s got plenty of minds turning toward tax season.

For New Hampshire, the issue came a little sooner than expected, and the state won’t be allowing its residents to turn to bitcoin to make tax payments.

Known as the Bitcoin Tax bill, the measure was rejected by a vote of 264 to 74, and would have allowed citizens to pay state taxes in Bitcoin.

The bill more specifically directed the New Hampshire treasurer to “develop an implementation plan for the state to accept bitcoin as payment for taxes and fees.” Introduced by Representative Eric Schleien, who had been actively working to keep New Hampshire residents informed about the ability to make purchases with the crypto-currency.

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