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Texas: Company’s Hosting of Cryptocurrency Mining Hardware Machines at Facility Deemed Not Taxable

In a ruling involving a company that charges its customer an all-inclusive fee based on power usage to host cryptocurrency mining hardware machines in its Texas facility, the Texas Comptroller of Public Accounts explains that such machine hosting services are not enumerated taxable services under Texas law as such services are not website hosting, data processing, or security services.

Source Deloitte

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