(Adds quote, context)
SAN SALVADOR, March 23 (Reuters) - El Salvador's
President Nayib Bukele said on Thursday he will send to the
country's Congress next week a bill to eliminate all taxes on
technology innovations as well as computing and communications
hardware manufacturing.
"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," he said on Twitter.
The tax cut would also encompass computing and
communications hardware manufacturing, Bukele added.
The Salvadoran leader is eager to make the Central American
country a cryptocurrency hub, adopting bitcoin as legal tender
in 2021 and unveiling plans to create the world's first "bitcoin
city."
(Reporting by Nelson Renteria; Editing by Jacqueline Wong and
Stephen Coates)
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