Central American country frees IT companies from taxes ...News

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Central American country frees IT companies from taxes
Crypto-friendly El Salvador is looking to become a tech hub El Salvador’s President Nayib Bukele announced on Thursday the enactment of a law that eliminates taxes on innovative technologies, such as software creation, coding, and artificial intelligence (AI), among others. Bukele is eager to turn his country into Latin America’s tech leader.  The law signed by the Salvadoran president will exempt technology companies from all taxes for at least 15 years, according to Binance. “I’ve just signed into law, the INNOVATION AND TECHNOLOGY MANUFACTURING INCENTIVES ACT, that eliminates all taxes (income, property, capita

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