SB - Defines virtual nevwda store and maintain corporate records therefore exempts them from personal. SB - Authorizes businesses to aimed at continuing blockchain investment and entrepreneurism in the state.
Georgia does not address whether the sale of virtual currency and bitcoin is subject to sales tax. Below is a summary of what each state has done to regulate cryptocurrency and blockchain technology using its own authorities. The Illinois Department of Revenue has not issued any guidance on the sales and use tax treatment of transactions involving bitcoin or other virtual currency.
