Tax

Digital currency sales tax holiday getting a push

(The Center Square) – A bill introduced in the Florida Senate would create a sales tax holiday for people who pay for purchases with digital currency.

State Sen. Jason Brodeur, R-Sanford, sponsor of Senate Bill 352, believes it will help introduce residents to the benefits of digital currency. Customers who pay with virtual currencies would not have be charged sales taxes at businesses such as gas stations and restaurants.

The holiday would start June 1, 2025 and go through July 31, 2025.

Special Wed, 11/15/2023 - 15:25