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A member of the House of Representatives has proposed legislation aimed at stopping investors from using the US territory of Puerto Rico as a crypto tax haven. According to an April 21 Bloomberg ...
In exchange, they get a 0% tax rate on capital gains such as profits from selling estate stocks or cryptocurrencies. As residents of Puerto Rico, they also save money by not paying federal income ...
Long known for low taxes, Puerto Rico can be particularly attractive as President Joseph Biden's plan to put $1.75 trillion social and climate spending by raising corporate taxation rates awaits a ...
Hurricane Fiona has renewed called among Puerto Ricans to cryptocurrency owners and other finance investors living on the island under Act 22 to avoid capital gains tax to do their part.
He talked about it often with his core group of friends in Puerto Rico, a U.S. territory with crypto-friendly policies, including huge tax breaks to those who spend at least 183 days on the island ...
US House Democrats may be looking to block tax incentives in Puerto Rico for crypto investors after more than 13 years. ... making income from cryptocurrencies subject to federal tax laws.
He talked about it often with his core group of friends in Puerto Rico, a U.S. territory with crypto-friendly policies, including huge tax breaks to those who spend at least 183 days on the island ...
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