El Salvador: no taxes on IT businesses

[marioIT]

This guy again...
Anyone wanna risk it and report here? smi(&%

Nayib Bukele President of El Salvador said:
Next week, I'll be sending a bill to congress to eliminate all taxes (income, property, capital gains and import tariffs) on technology innovations, such as software programming, coding, apps and AI development; as well as computing and communications hardware manufacturing.
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https://twitter.com/x/status/1639070248627208197

 

[Martin Everson]

Good intentions he has I am sure but......😕


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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[JohnnyDoe]

Martin Everson said:
Good intentions he has I am sure but......😕

Click to expand...

No minimum security club fed there, and crime rate has fallen.

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