Argentina Commits to OECD Crypto Reporting by 2029
Argentina has committed to implementing the Crypto-Asset Reporting Framework by September 2029, joining 77 jurisdictions in the OECD's cross-border tax transparency standard. The framework requires reporting crypto-asset service providers to collect and submit user identity information along with transaction data tied to fiat conversions, exchanges between digital assets, and certain transfers.
Under the agreement, Argentina will receive information on crypto transactions involving its residents abroad and share relevant domestic data with other participating tax authorities. The OECD's Global Forum will monitor Argentina's progress toward the 2029 deadline and support the implementation process.
The move does not create a new crypto tax but rather standardizes how information is reported and exchanged, while tax liabilities remain governed by domestic law. Argentina still needs to incorporate the framework into its legal framework and build the reporting infrastructure required for tax authorities and covered firms.
This development brings Argentina deeper into a coordinated international system for crypto tax reporting, reducing informational gaps around cross-border trading and holdings.