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Cryptopolitan 2023-07-13 17:50:45

US prosecutors investigate misuse of Puerto Rico’s tax breaks

In recent developments, US prosecutors, in collaboration with the Internal Revenue Service (IRS), are reportedly conducting investigations into wealthy crypto traders and fund managers suspected of illegally benefiting from Puerto Rico’s tax breaks. These tax breaks, introduced in 2012, have attracted over 5,000 American individuals to relocate to the island, enticed by the opportunity to ... Read more

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