15-1-150. Digital assets taxation.
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/mt/title-15/chapter-1/part-1/15-1-150·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
15-1-150 . Digital assets taxation.
(1)Digital assets used as a method of payment may not be subject to any additional tax, withholding, assessment, or charge by the state or a local government that is based solely on the use of the digital asset as the method of payment.
(2)Nothing in this section prohibits the state or a local government from imposing or collecting a tax, withholding, assessment, or charge otherwise authorized by Titles 15 or 16.