Questions tagged [el salvador]

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SakuraBlooming SakuraBlooming Sat Jun 08 2024 | 7 answers 1522

Which Spanish country uses Bitcoin?|became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.El Salvador

Could you please elaborate on the Spanish-speaking country that has adopted Bitcoin as legal tender? I'm curious to know which nation in the world took this unprecedented step after the Legislative Assembly of El Salvador officially recognized it in 2021. Could you provide more details about this remarkable milestone in the cryptocurrency sphere?

Which Spanish country uses Bitcoin?|became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.El Salvador
Caterina Caterina Sat Jun 08 2024 | 5 answers 709

Is El Salvador tax free country?|Individual taxpayers are subject to tax on El Salvador source income only at progressive rates of up to 30%. Capital gains are taxed at 10%.

Is El Salvador a tax-free country, or are there certain tax obligations for its residents? I understand that individual taxpayers in El Salvador are taxed on income generated within the country, but could you elaborate on the specific tax rates? Are they fixed or progressive? And what about capital gains? Are they taxed differently, and if so, at what rate?

Is El Salvador tax free country?|Individual taxpayers are subject to tax on El Salvador source income only at progressive rates of up to 30%. Capital gains are taxed at 10%.
KabukiPassion KabukiPassion Sat Jun 08 2024 | 5 answers 986

Which country Bitcoin is legal?|As of now, El Salvador and the Central African Republic (CAR) are the only two countries in the world where Bitcoin functions as a legal currency.

Could you please elaborate on the status of Bitcoin's legality around the globe? As I understand, currently only a couple of countries recognize it as a legitimate form of currency. Could you specify which these countries are? Are there any other nations that are considering or in the process of legalizing Bitcoin? Also, do you foresee any potential changes in this regard in the future, perhaps with more countries adopting Bitcoin as a legal tender?

Which country Bitcoin is legal?|As of now, El Salvador and the Central African Republic (CAR) are the only two countries in the world where Bitcoin functions as a legal currency.

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