Salvadora Congress will discuss the bill on the abolition of all taxes for cryptoinnovicators – Bits Media

President of the country, making bitcoin an official payment tool, announced a new step on the way to the transformation of Salvador into the world center of the crypto industry: On the abolition of all taxes for technological companies.

NaiiBow Bukele (Here's to watching) stated, What is the next We will send the appropriate bill to the Congress of the country.:

“The bill will relate to the abolition of all taxes on income, property, Capital increase and import duties for technological innovation, such as programming, coding, ANI application and development, as well as the production of computer and communication equipment ".

The president expects, that such a radical step on the part of Salvador will allow you to attract more IT companies and cryptostarts to the country. Providing incentives for development, The government hopes to create a prosperous technological ecosystem, which will contribute to economic growth as a country, and participants of the crypto industry.

In early March, Nayib Bukla said, that thanks to the legalization of bitcoin, the tourism sector of the country's economy has grown into 95%, which favorably affected Salvador in general.