Georgia lawmakers can reduce the tax burden for miners – Bits Media

On the consideration of the House of Representatives of the American state of Georgia, the bill is under the number 1342, providing for tax extensions for miners.

Jordia lawmakers hope, that a special tax regime will allow you to attract to the company, Cryptocurrency mining. In document, submitted 14 february, The exclusion of the tax base "Sales or use of electricity, used for commercial mining of digital assets ". The bill was prepared by five deputies from the Republican Party.

For, so that the mining farm falls under a special tax regime, necessary, so that its total area is at least 6 950 square meters. Legislators expect, what, In case of approval of the bill, By October, at the sites in Georgia, more 56 000 devices. A preliminary agreement has already been concluded with Bitmain, ISW Holdings и Bit5iv.

Recall, that last spring, similar tax reliefs were approved by legislators of the American state Kentukki.