Which States Tax Bitcoin and Other Cryptocurrencies?213

As the popularity of Bitcoin and other cryptocurrencies continues to grow, so does the need for clear guidance on how these assets should be taxed. While the Internal Revenue Service (IRS) has issued some guidance on the matter, there is still a lot of uncertainty, particularly at the state level. As a result, it is important for taxpayers to be aware of the tax laws in their state regarding cryptocurrencies.Here is a summary of the states that tax Bitcoin and other cryptocurrencies, as well as the relevant laws:
Alabama: Bitcoin and other cryptocurrencies are considered intangible personal property and are subject to Alabama's 4% sales tax.
Arizona: Bitcoin and other cryptocurrencies are considered "digital assets" and are subject to Arizona's 5.6% transaction privilege tax.
Arkansas: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are subject to Arkansas's 6% sales tax.
California: Bitcoin and other cryptocurrencies are considered "property" and are subject to California's 7.25% sales tax.
Colorado: Bitcoin and other cryptocurrencies are considered "digital assets" and are subject to Colorado's 2.9% sales tax.
Connecticut: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are subject to Connecticut's 6.35% sales tax.
Delaware: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Delaware's sales tax.
Florida: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Florida's sales tax.
Georgia: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Georgia's sales tax.
Hawaii: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are subject to Hawaii's 4% general excise tax.
Idaho: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Idaho's sales tax.
Illinois: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Illinois' sales tax.
Indiana: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Indiana's sales tax.
Iowa: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Iowa's sales tax.
Kansas: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Kansas's sales tax.
Kentucky: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Kentucky's sales tax.
Louisiana: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Louisiana's sales tax.
Maine: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Maine's sales tax.
Maryland: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Maryland's sales tax.
Massachusetts: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are subject to Massachusetts's 6.25% sales tax.
Michigan: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Michigan's sales tax.
Minnesota: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Minnesota's sales tax.
Mississippi: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Mississippi's sales tax.
Missouri: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Missouri's sales tax.
Montana: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are subject to Montana's 6% sales tax.
Nebraska: Bitcoin and other cryptocurrencies are considered "digital assets" and are subject to Nebraska's 5.5% sales tax.
Nevada: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Nevada's sales tax.
New Hampshire: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to New Hampshire's sales tax.
New Jersey: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to New Jersey's sales tax.
New Mexico: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to New Mexico's sales tax.
New York: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are subject to New York's 4% sales tax.
North Carolina: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to North Carolina's sales tax.
North Dakota: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to North Dakota's sales tax.
Ohio: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Ohio's sales tax.
Oklahoma: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Oklahoma's sales tax.
Oregon: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Oregon's sales tax.
Pennsylvania: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Pennsylvania's sales tax.
Rhode Island: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Rhode Island's sales tax.
South Carolina: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to South Carolina's sales tax.
South Dakota: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to South Dakota's sales tax.
Tennessee: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Tennessee's sales tax.
Texas: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Texas's sales tax.
Utah: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Utah's sales tax.
Vermont: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Vermont's sales tax.
Virginia: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Virginia's sales tax.
Washington: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to Washington's sales tax.
West Virginia: Bitcoin and other cryptocurrencies are considered "intangible personal property" and are not subject to West Virginia's sales