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Agenda Item No.: VIC. Meeting Date: February 11, 2019Subject: Ordinance No. 864, an Ordinance amending Chapter 11 of the Bacon Municipal Code to add a new Article 6 concerning rightofway encroachments.
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vi-c stands for Virtual Currency Information Return, it is a form filed by individuals or entities who engage in virtual currency transactions.
Individuals or entities who engage in virtual currency transactions exceeding a certain threshold are required to file vi-c.
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vi-c requires information such as the taxpayer's identification, virtual currency transaction details, and total amount transacted.
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