El Salvador’s recent decision to eliminate all taxes on technology innovations, software and app development, artificial intelligence, and computer and communication hardware manufacturing has sparked excitement among tech enthusiasts worldwide. The move is expected to boost the country’s technology sector and position it as a hub for innovation in the region. However there is no information regarding regulation
« The objective of the policy is increasing the creation of social and
economic value through the digital transformation of the public
sector and the private sector, through the reduction of barriers, the
strengthening of human capital and the development of enabling
conditions, so that Colombia can take advantage of opportunities and
face the 4IR related challenges. Colombia has adopted a smart
regulation approach as a way to overcome this impasse, protecting
Colombians without generating regulations that hinder economic
development. The country has implemented the smart regulation
approach through regulatory sandboxes and innovation hubs, which
promote innovation and economic dynamism while overcoming
information asymmetries and protecting users’ privacy. » No/limited information on this topic
