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How can cryptocurrency users benefit from the tax advantages in Puerto Rico?

felipev1516Oct 11, 2022 · 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

  • raspyApr 02, 2024 · a year ago
    At 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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