Israeli Internet Firm Seeks Tax Authority’s Permission to Pay Employees in Bitcoin

Source: Inside Bitcoins, originally published on .

https://insidebitcoins.com/news/israeli-internet-firm-seeks-tax-authoritys-permission-to-pay-employees-in-bitcoin/142219.

Social network company Spot.IM is planning to pay employees using Bitcoin, as reported by Israeli newspaper Calcalist. However, the firm is currently negotiating with the Israel Tax Authority to receive permission for the proposed payment method, along with the proper way of calculating exchange rates. Itay Bracha, Spot.IM’s legal representative, said that salary or benefit

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