In a move to support, Nevada recently released a Bill into Law addressing Blockchain Technology.
Basically, it has been declared that Blockchain Technology will not be subject to taxes or regulations within the State of Nevada. By the way, there is currently no personal, corporate nor capital gains tax in Nevada. Please consult your own tax professional for more specific information.
Bill Title: Establishes various provisions relating to the use of blockchain technology. (BDR 59-158)
Status: (Passed) 2017-06-05 - Approved by the Governor. Chapter 391.
Thank you, Nevada for keeping technology in the hands of its developers and making the road open and accepting to those wanting to journey.
