Yet, despite the promise of a partnership, Turner and her co-owner Adam Penn had their reservations. Delivery costs, installation costs, taxes, and import duties also need to be included in the setup costs as well as potential upfront rental charges for your chosen Bitcoin ATM location s. It determines what kind of taxes you are supposed to pay. This potentially lucrative mission has, in turn, given rise to new players along the value chain, namely ATM suppliers like Genesis Coin , Lamassu and Robocoin , as well as a greater number of local operators seeking to build expansive networks of machines in high-traffic locations. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. When it comes to LLC, the business owner or a group of owners is the one who is supposed to pay taxes.