news

bitcoin

1 X bitcoin bitcoin =

Sunday

19 September 2021

El Salvador to Exempt Foreigner Investors from Tax on Bitcoin Price Gains

El Salvador to Exempt Foreigner Investors from Tax on Bitcoin Price Gains


smart summary beta

“There will be no taxes to pay on either the capital increase or the income,” the legal adviser to President Nayib Bukele said.

Foreign investors will not be required to pay taxes on profits from Bitcoin, a government adviser told the AFP this week.

Javier Argueta, legal adviser to President Nayib Bukele, told the news source, "If a person has assets in bitcoin and makes high profits, there will be no tax.

Goto Full Article

bitcoin bitcoin price

$47252.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

bitcoinmagazine.com
Market data feeds provided by cryptocompare.com
bitsmart 2021