Argentina formulates standardized rules for undeclared assets, including cryptocurrencies
2024-07-17 06:57:29
Argentina government clear recently passed comprehensive law fiscal chapter declarationdesk3cryptocurrencydesktopCrypto News
The Argentine government has clarified the scope of the recently passed fiscal chapter of the Consolidated Law on undeclared goods and assets, including cryptocurrencies. Argentines can now include undeclared cryptocurrency assets worth less than $100,000 as part of their holdings, exempt from tax under some key rules.
For example, to enjoy this offer, declared cryptocurrencies must be deposited with a state-approved virtual asset service provider (VASP). To do so, these exchanges must be registered in advance with the VASP registry launched in June by the country's securities regulator, the National Securities Commission (CNV).
For example, to enjoy this offer, declared cryptocurrencies must be deposited with a state-approved virtual asset service provider (VASP). To do so, these exchanges must be registered in advance with the VASP registry launched in June by the country's securities regulator, the National Securities Commission (CNV).
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