Buenos Aires to Implement New Cryptocurrency Taxes

New Tax Framework in Buenos Aires

Buenos Aires is implementing a new taxation framework impacting freelancers and businesses accepting cryptocurrency. A 6% gross income tax will be applied to sales involving cryptocurrency.

Analyst Concerns

Analysts have expressed concerns that this new tax, while providing more clarity regarding cryptocurrency taxation, may also hinder adoption of digital assets.

City Clarification

The city of Buenos Aires is clarifying its cryptocurrency taxation policies with this new regulation.