Argentine Tax Authority AFIP Notified 4,000 Crypto Holders to Ammend Their Tax Statements

Argentine Tax Authority AFIP Notified 4,000 Crypto Holders to Ammend Their Tax Statements

The Argentine Tax Authority (AFIP) is ramping up its fight against cryptocurrency-related tax evasion. On Oct. 28, the organization informed it had sent notifications to 3,997 taxpayers about incongruencies between their tax statements and reports on their cryptocurrency holdings. These statements being reviewed correspond to reports of operations happening in 2020.
Argentine Tax Authority AFIP Ramps up Crypto Vigilance
The Argentine Tax Authority (AFIP) is using the reports coming from local exchanges to cross the data in the tax statements and the crypto holdings of several taxpayers and has already found incongruencies. According to reports, the organization has already sent notifications of these problems to 3,997 Argentine citizens, that will have the opportunity to correct their statements to include their cryptocurrency holdings and pay additional taxes.
These notifications would be linked to statements that were filed during 2020 and would be sent to taxpayers that have operate

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