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El Salvador Eliminates Taxes on Technology Innovations

Blockchain 

Cryptocoins News / Blockchain  114 Views


El Salvador has eliminated all income, property, and capital gains taxes on technology innovations, including software programming, coding, apps and AI development, as well as computing and communications hardware manufacturing. This move supports the country's ongoing efforts to expedite technological development, including the establishment of the National Bitcoin Office (ONBTC) to conduct joint initiatives with Bitcoin entrepreneurs and companies. (Read More)
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