The Law of Bases and Starting Points for the Freedom of Argentines mentions crypto among assets a taxpayer could legalize without providing any “additional documentation” on their origin.
The newly formed government of Argentina, under the authority of a self-proclaimed libertarian, Javier Milei, says it will ease the path to legalization of crypto holdings even if they’re overdue on tax declarations.
On Dec. 27, the Law of Bases and Starting Points for the Freedom of Argentines was introduced to the Argentine Congress. The 351-page bill contains several reforms in tax, labor, criminal, energy and electoral matters, kickstarting Milei’s controversial reformist agenda.
The bill contains some mentions of crypto regarding tax-paying procedures. In a section dedicated to the so-called “asset regularisation scheme,” the document lists the types of assets a taxpayer may legalize without providing any “additional documentation” on their origin.
