El Salvador president readies bill to eliminate taxes on tech

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El Salvador's President Nayib Bukele said on Thursday he will send to the country's Congress next week a bill to eliminate all taxes on technology innovations as well as computing and communications hardware manufacturing.

"Next week, I'll be sending a bill to congress to eliminate all taxes on technology innovations, such as software programming, coding, apps and AI development," he said on

Twitter.The Salvadoran leader is eager to make the Central American country a cryptocurrency hub, adopting bitcoin as legal tender in 2021 and unveiling plans to create the world's first "

 

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