VATupdate
El Salvador

Share this post on

Tax implications of law relating to issuance of digital assets

The nominal value of digital assets and the returns or income from digital assets will be exempt from all types of taxes, duties, fees, and contributions of any type and nature – and Issuers, certifiers, and digital asset service providers will be granted an exemption for incentivized activities with respect to income tax, VAT, municipal taxes, or any other tax, regardless of its nature.

Source: taxathand.com

Sponsors:

VAT news
VAT news

Advertisements: