Bitcoin available for local taxes payment in Switzerland

Bitcoin available for local taxes payment in Switzerland

By CryptoArch | BATman00 | 30 Jan 2020


The small Swiss municipality of Zermatt accepts Bitcoin for the payment of local taxes.
 
The company Bitcoin Switzerland has just installed a crypto-payment solution in Zermatt City Hall. Taxpayers can now pay their taxes directly with the first cryptocurrency on the market, bitcoin.

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The firm’s comment in its latest press release:
«Bitcoin Switzerland is thrilled to support the municipality of Zermatt, one of the most popular tourist resorts in Switzerland, with its integrated solution for bitcoin payments,»
Residents can send their bitcoins which are then exchanged instantly for Swiss francs and transferred to the municipality’s bank account for the payment of local taxes.

By accepting Bitcoin (BTC) as a means of payment, Zermatt once again finds itself among pioneers in the field and supports growing environment of cryptocurrencies.

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Zermatt is not precursor in the field, indeed the city of Zug already accepts bitcoin as an official means of payment since 2016. Located in the mountains of southern Switzerland, the municipality has 5700 inhabitants, well known for its ski resort and tourist facilities.

Last year, The Dolder Grand, a  luxury hotel located in Zurich, announced intention to accept bitcoin as a means of payment.

Nice Days for Bitcoin

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CryptoArch
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