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Puerto Rico Issues Clarifying Guidance Staking as a Service Eligible Service for 4% Tax Rate

Published on: Monday 27 February 2023

Puerto Rico Issues Clarifying Guidance Staking as a Service Eligible Service for 4% Tax Rate San Juan, Puerto Rico, Feb. 27, 2023 (GLOBE NEWSWIRE) -- The Department of Economic Development and Commerce of Puerto Rico ("DDEC", for its Spanish acronym) has published guidance that digital assets based on blockchain technologies and blockchain validation are eligible for the 4% favorable tax treatment. “Puerto Rico is on its way to becoming the technological leader in the region and through this effort we seek to be proactive in addressing an emerging technology, on which a lot of economic


News source: https://finance.yahoo.com/news/puerto-rico-issues-clarifying-guidance-190000136.html

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