Argentina to Launch Automatic Exchange of Crypto Tax Information by September 2029

Argentina has committed to implementing the OECD's Crypto-Asset Reporting Framework (CARF) and will begin the automatic exchange of tax information regarding crypto-asset transactions no later than September 2029. The country is required to integrate the framework into national law by 2029, establishing reporting obligations for crypto-asset service providers. Exchanges, intermediaries, and other relevant service providers will be responsible for identifying eligible users and collecting data including names, addresses, tax residency, taxpayer identification numbers, and transaction details such as purchases, sales, and transfers. This measure does not introduce new taxes or create automatic new tax liabilities for users; rather, it allows the Argentine tax agency, ARCA, to obtain standardized information on residents' offshore crypto transactions for comparison with tax filings. The initial reporting period for this mechanism has not yet been publicly determined.