Montana HB453 would require the Department of Revenue to accept income tax payments in cryptocurrency.
Montana HB453 would require the Department of Revenue to implement a program for accepting tax payments in cryptocurrency through third-party payment processors. The bill clarifies that tax payments made with cryptocurrency are not subject to state capital gains taxation. The Department of Revenue must contract with one or more third-party payment processors to facilitate the acceptance, conversion, and remittance of cryptocurrency payments. The bill applies to income tax years beginning after December 31, 2025.
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