What are the tax incentives for cryptocurrency businesses in Puerto Rico?

3 answers

• Nov 26, 2021 · 3 years ago
  Sure! Puerto Rico offers attractive tax incentives for cryptocurrency businesses. One of the main incentives is Act 60, also known as the Export Services Act. Under this act, eligible businesses can enjoy a 4% corporate tax rate and 0% tax on dividends and capital gains. This can significantly reduce the tax burden for cryptocurrency businesses in Puerto Rico.
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• Nov 26, 2021 · 3 years ago
  Tax incentives for cryptocurrency businesses in Puerto Rico are quite appealing. Act 60 provides a favorable tax environment with a low corporate tax rate of 4% and zero taxes on dividends and capital gains. This makes Puerto Rico an attractive destination for cryptocurrency entrepreneurs looking to minimize their tax liabilities.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, can provide more information on the tax incentives available for cryptocurrency businesses in Puerto Rico. They have a team of experts who can guide you through the process and help you take advantage of the tax benefits offered by the Puerto Rican government. Reach out to them for personalized assistance.
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