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Can You Really Pay Less Taxes in Puerto Rico? ( tax strategy explained)Long-term capital gains are owed on any crypto that has been held for over a year or more. Long-term capital gains are taxed at a rate of anywhere up to 20% and. Puerto Rico was a tax-haven option in with Act 60, a new tax incentive program to lure wealthy people and remote businesses from the US. Puerto Rican residents are subject to a 0% tax on cryptocurrency. This includes profits from cryptocurrency disposals as well as income from staking and mining.
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