Argentina Introduces Tax Peace Bill Including Cryptocurrencies

After Bitcoin-supporting libertarian candidate Javier Milei won the elections in Argentina and became the new president, the government introduced a new tax peace bill. The bill includes cryptocurrencies such as Bitcoin (BTC) among the various assets that taxpayers must declare. Citizens who declare their cryptocurrency holdings before March 31 will be subject to a reduced tax rate of 5%, increasing to a maximum of 15% by November 30. The tax rates for cryptocurrencies will apply regardless of the issuer or storage location. (Source: Bitcoinsistemi)