El Salvador

El Salvador Axes Income Tax for Investments From Abroad

El Salvador Removes Income Tax for International Investments and

El Salvador, the nation led by bitcoin-friendly President Nayib Bukele, has eliminated income tax on money coming into the country from abroad. Congress has

El Salvador

El Salvador removes income taxes for money from abroad

El Salvador's Congress approved on Tuesday a reform to remove income taxes previously imposed on money from abroad, in a move to attract more foreign investment.

On, the Legislative Assembly of El Salvador passed an amendment to the Income Tax Law (LISR), significantly impacting the taxation of income earned abroad. Here’s a

Money flows from abroad in

El Salvador slashes income tax on international investments and money transfers from 30% to 0%, aiming to attract foreign capital.

El Salvador's Legislative Assembly approves reform to Income Tax

Money flows from abroad in forms such as remittances and investments in companies will now be exempt from tax, lawmakers said. Prior to the reform, incomes equal to

On

El Salvador’s Income Tax Law Revisions: Implications for Taxation

On, the Legislative Assembly approved an initiative to reform the Income Tax Law that excludes from the concept of income any passive income that entities and individuals in El

El Salvador Eliminates Income Tax on Investment From Overseas

The Legislative Assembly of El

El Salvador drops income tax for foreign investments and

El Salvador eliminates income tax on all capital coming from abroad. The decision was ratified by the Congress with an overwhelming majority, voting 69 to zero to slash the income tax rate

The Legislative Assembly of El Salvador has approved a measure to reduce the income tax on foreign investments and remittances from 30% to 0% with no effective limits