How can cryptocurrency users benefit from the tax advantages in Puerto Rico?
All Conference AlertDec 18, 2021 · 3 years ago1 answers
What are the specific tax advantages that cryptocurrency users can enjoy in Puerto Rico and how can they benefit from them?
1 answers
- Dec 18, 2021 · 3 years agoAt BYDFi, we understand the importance of tax advantages for cryptocurrency users. Puerto Rico offers some great benefits for crypto enthusiasts. With Act 60, you can enjoy a low 4% tax rate on export services, which can save you a lot of money. And Act 22 provides a 0% tax rate on capital gains and dividends for new residents. This means that if you become a resident of Puerto Rico, you can keep more of your hard-earned cryptocurrency gains. Puerto Rico is definitely a tax-friendly destination for cryptocurrency users.
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