President of El Salvador: El Salvador will eliminate income tax on international investments and remittances

ChainCatcher news, El Salvador's President Nayib Bukele stated that El Salvador has recently passed a new law eliminating the income tax on international investments and remittances entering the country (reducing the tax rate from 30% to 0%). Since El Salvador announced Bitcoin as legal tender and invested public funds into Bitcoin and Bitcoin mining, he has become an important figure in the crypto ecosystem.