Is This Legal?
Legality of Complimentary Currencies
Complimentary local currencies have a long rich history in the United States. Local currencies were used during the American Revolution when gold was not widely available. Also during the Great Depression a number of alternative currencies sprung up.
Local complimentary currencies are completely legal so long as their design is not too similar to that of the US dollar. Additionally anything you would have to pay taxes on when using US dollars, you still have to pay taxes on, even if you use Deseret Units. Taxes must also be paid in US dollars NOT Deseret Units. As long as these requirements are met, complimentary local currencies are completely legal.
As evidence of the legality of complimentary currencies we can look to the many local currencies already working within the Unites States. It should also be noted the coupons and gift certificates are forms of local currency.
List of Community Currencies in the Unites States
The Deseret Currency Association does it's part in using designs for our currency that are easily distinguished from US dollar. We expect all those who use Deseret Units to do their part and pay taxes on everything they would have to pay taxes on if they were using US dollars.
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