The president, who will seek re-election in the elections in early 2024, said that the request will include the areas of software programming, coding, applications, artificial intelligence development, as well as the manufacture of computing and communications hardware.
“Next week I will send a bill to Congress to eliminate all taxes (on income, property, capital gains and import duties) on technological innovations,” the president wrote on his Twitter account last night. from Thursday. Bukele’s party and his allies have a large majority in the National Assembly.
Next week, I’ll be sending a bill to congress to eliminate all taxes (income, property, capital gains and import tariffs) on technology innovations, such as software programming, coding, apps and AI development; as well as computing and communications hardware manufacturing.
— Nayib Bukele (@nayibbukele)
March 24, 2023
El Salvador, which in September 2021 became the first country in the world to use bitcoin as legal tender, approved a law in January to regulate emissions in digital assets.
Frontal attack on gangs and commitment to technologies
Bukele has bet on the elimination of gangs in El Salvador, through methods that are questioned by the international community: states of exception, raids, mass incarceration, among other actions. In fact, recently, the State of El Salvador was denounced for systematic violations of human rights, before the Inter-American Court of Human Rights.
The complaint was filed with the IACHR on March 7 by the Cristosal organization on behalf of the 66 people, belonging to “organized communities of Bajo Lempa,” an area located in the southeastern part of the country, the association said in a statement.
On the other hand, Bukele’s term was characterized by betting on bitcoin. But the majority of Salvadorans closed 2022 without making transactions with bitcoins and without noticing changes in the country’s economy, which reveals that cryptocurrency remains the most “rejected” public policy, recently revealed a survey by the Jesuit Central American University ( UCA).
“74 out of every 100 Salvadorans declared in this survey that they had not used the bitcoins to buy or pay in 2022, while 21 out of 100 indicated that they had used it,” the survey stated.
Information from Reuters and AFP.
