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Salvadoran lawmakers pass tech tax cut, including for AI businesses

El Salvador's ruling party lawmakers approved late Tuesday a bill to eliminate for 15 years taxes on companies developing artificial intelligence (AI) and other computer programming work in a bid to make the country a more attractive tech destination. ....

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El Salvador slashes taxes for companies developing AI products

El Salvador has passed a bill that makes companies developing AI products exempt from income tax, capital gains and local government taxes. ....

El Salvador , United States , Nayib Bukele , Rodrigo Ayala , Bukele New Ideas Party , Central American , President Nayib Bukele , New Ideas Party ,