Home to the iconic Matterhorn, Zermatt municipality has the second location in the world’s haven capital, Switzerland to officially let the residents pay off their annual taxes in the form of bitcoin, BTC.
The Zermatt municipality has now allowed collaborated with the Suisse, a leading company for crypto financial solutions in Switzerland to offer the taxpayers this payment option.
The Swiss Company Suisse To Translate Bitcoin into Swiss Franc
Suisse made an official announcement that it has started accepting Bitcoin as a payment mode for local taxes for people residing in the Zermatt municipality from January 28th, 2020.
By patterning with the Suisse company, the Zermatt municipality will receive the payment-their official bank account-in the form of Swiss Francs translated by the crypto-financial service provider.
Taxpayers Can Make The Local Tax Payments Online Or Via The Suisse Point of Sale
The local taxpayers of the Zermatt municipality have the freedom to pay off their taxes at the local point-of-sale system placed at the town hall of the municipality or make the payment via the online payment portal. But, the residents want to pay their taxes through bitcoin online, they have to apply directly to the tax office of Zermatt for a digital currency payment solution, the announcement adds.
The Mayor of Zermatt, Romy Biner Houser said that the new tax payment method is added with the objective to meet the increasing demand for Bitcoin-based tax payments. He stated: