The new president of Argentina, Javier Milei, has removed the crypto tax plan from the Omnibus bill.
The Argentine news website iPROup reports this with an article published a few days ago.
Milei’s idea was to have a new tax regime for cryptocurrencies approved by parliament within the Omnibus bill. The removal from the Omnibus law effectively postpones the decision in this regard.
The new crypto taxes in Argentina
Milei’s proposal was to create a tax exemption for cryptocurrencies.
In order to achieve this, he had inserted a clause for the regularization of digital assets in the original draft of the Omnibus bill, in exchange for the payment of a one-time tax on previously undeclared assets.
This clause provided for allowing Argentine citizens to declare ownership of previously undeclared assets, such as cryptocurrencies, by paying a 15% tax only on the value exceeding a threshold of $100,000.
In fact, this created a total tax exemption for those who declared the possession of
We współpracy z: https://en.cryptonomist.ch/2024/02/01/argentina-postpones-crypto-tax-exemption/
