Bitcoin & cryptocurrency tax overview
Capital Gains Tax
Gains from crypto disposal are subject to Personal Assets Tax and Income Tax. Residents pay approximately 15% on capital gains from digital assets under the Income Tax Law (Ley 20.628), though exact treatment depends on frequency and nature of transactions.
Income Tax
Mining and staking rewards are treated as taxable income for Argentine residents. The progressive Income Tax rate ranges from 5% to 35% depending on total annual income. Crypto received as payment for services is also taxable at ordinary income rates.
VAT / GST
Generally exempt for individual holders buying or selling crypto. The AFIP has not imposed VAT on peer-to-peer crypto transactions for individuals, though crypto-related services from businesses may attract 21% VAT.
Mining Tax
Miners operating as businesses or self-employed must register with AFIP, declare mining income as business income subject to 35% corporate or progressive personal income tax, and may face Gross Income Tax at the provincial level varying by province.
Argentina taxes cryptocurrency capital gains under its Income Tax Law at rates up to 35% for residents, with crypto treated as a financial asset. The Personal Assets Tax (Bienes Personales) also applies to crypto holdings above the annual exemption threshold, which was approximately ARS 27 million for 2024 tax year. Argentina has been an active enforcer of crypto tax compliance through AFIP, requiring disclosure of foreign and domestic crypto holdings.
Community-sourced data. If you spot an error, please let us know.
This information is for general reference only and should not be considered tax advice. Tax laws change frequently and may vary based on individual circumstances, residency status, and transaction type. Always consult a qualified tax professional in your jurisdiction before making financial decisions based on this information.