Following in the footsteps of Miami, Paes is also planning to establish tax incentives and discounts for users who pay with bitcoin. Finance Secretary Pedro Paulo explained they are looking into offering a 10% discount for users paying certain taxes with bitcoin. However, he also stated that study of regulations to apply these changes effectively is necessary.
Chicão Bulhões, secretary of the economic development and innovation team, stated that these tax incentives were focused on attracting more companies involved with cryptocurrency from other regions of the country. Bulhões remarked:We already have tax incentives approved, we already have a percentage of 2%, and we want to focus a lot on the Porto region for the arrival of these new actors as well.
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At that moment, I suddenly wanted to move to Brazil. Rio de Janeiro is a pretty good city to live in, isn't it?
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They are seeing how bitcoin is helping the residents of El Salvador. The idea of doing the same in their countries is too difficult to resist.
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Nice
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This percentage Bitcoin is weak unless it swings to the range of 45-47k and goes up. It is powerless. Unless the market receives a reaction from the macro derivatives markets,the movement momentum increases. I’ve been taking zt_btc tips seriously & I’ve been superb
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