BusinessFebruary 22, 2022
Exempting crypto from Missouri taxes
Bitcoin and other cryptocurrencies will be exempt from property taxes at the state, county and local levels, if state Rep. Phil Christofanelli of St. Peters (R-105) gets his way. The GOP lawmaker's House Bill 2672 -- according to a statement by his office — would help create greater economic and political freedom in the Show Me State...
Bitcoin and other cryptocurrencies will be exempt from property taxes at the state, county and local levels, if state Rep. Phil Christofanelli of St. Peters (R-105) gets his way.
The GOP lawmaker's House Bill 2672 — according to a statement by his office — would help create greater economic and political freedom in the Show Me State.
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"My goal is to ensure Missouri is open to innovation and opportunity as Bitcoin, other cryptocurrencies and blockchain applications come to the market," Christofanelli said.
The legislation was introduced Feb. 10 and as of presstime, had not been assigned to a House committee for review.
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