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Coin Edition 2023-05-05 12:17:40

El Salvador Boosts Tech Industry by Removing Taxes on Innovations

El Salvador has signed a law that eliminates taxes on technological innovations. The initial announcement of the bill was made in March 2023. Nevertheless, El Salvador President Nayib Bukele has shared on Twitter that he signed it into law. According to Bukele, the Innovation and Technology Manufacturing Incentive Act will remove income, property, capital gains, The post El Salvador Boosts Tech Industry by Removing Taxes on Innovations appeared first on Coin Edition .

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