The Brazilian city of Rio de Janeiro will formally begin accepting Bitcoin ( BTC) payments for taxes associated with city realty within their city limitations, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU).
As reported by Cointelegraph Brazil, the brand-new pro-crypto tax laws will be executed from 2023, which was revealed by the Secretary of Economic Development, Innovation and Simplification, Chic ão Bulh ões.
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