What are the tax advantages of holding digital assets in Puerto Rico?
Uriel GranadosMay 04, 2024 · 2 years ago3 answers
What are the specific tax benefits that individuals can enjoy by holding digital assets in Puerto Rico?
3 answers
- Sonu SedhaiMar 18, 2025 · a year agoHolding digital assets in Puerto Rico can provide individuals with several tax advantages. Firstly, Puerto Rico offers Act 22, which allows eligible individuals to pay only 0% tax on their capital gains and dividends. This can result in significant tax savings for digital asset holders. Additionally, Puerto Rico has Act 20, which provides a 4% corporate tax rate for businesses engaged in export services, including digital asset trading. This can be beneficial for individuals who operate digital asset trading businesses. Overall, Puerto Rico's tax incentives make it an attractive location for holding digital assets.
- Tobin WinklerJul 31, 2025 · 7 months agoBy holding digital assets in Puerto Rico, individuals can take advantage of the tax benefits offered by the jurisdiction. These benefits include Act 22, which allows for a 0% tax rate on capital gains and dividends, and Act 20, which provides a 4% corporate tax rate for export services. These tax advantages can result in significant savings for digital asset holders and businesses operating in the digital asset space. It's important to consult with a tax professional to fully understand and optimize these tax benefits.
- Spencer EppJan 15, 2022 · 4 years agoAs an expert in the field, I can confirm that holding digital assets in Puerto Rico can offer significant tax advantages. Puerto Rico's Act 22 allows eligible individuals to enjoy a 0% tax rate on capital gains and dividends, providing a favorable tax environment for digital asset holders. Additionally, Act 20 offers a low 4% corporate tax rate for export services, making it attractive for businesses engaged in digital asset trading. These tax incentives make Puerto Rico a preferred destination for individuals and businesses looking to optimize their tax liabilities while holding digital assets.
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