Buenos Aires’ new bill sets taxes for mining and crypto services

Key points:

• Buenos Aires has introduced a bill on gross income tax for 2026, including new rates for cryptocurrency transactions.
• Tax rates will range from 3% to 8% for mining, trading, and crypto services.
• Experts note that the reform will provide greater transparency and tax certainty for crypto market participants.

The Buenos Aires authorities have submitted a bill on the 2026 gross income tax to the Legislative Assembly, which includes regulations for the crypto sector for the first time. The document defines rates for the purchase, sale, and mining of virtual currencies.

Tax specialist and cryptocurrency expert Juan Manuel Scarso explained:

“Merchants or professionals who receive cryptocurrency as a means of payment and then sell it will be taxed between 3% and 5% on gross income, and if at the time of sale there is a difference in value, this will be subject to a tax rate of 8%.”

According to Bitso Argentina CEO Julian Colombo, the tax will be levied on the difference between the purchase and sale, not the entire sale amount.

Gross income in Buenos Aires: how it affects users

Activities subject to gross income tax in Buenos Aires:

• Purchase and sale of cryptocurrencies on one’s own account: 6% on the difference between the purchase and sale price (spread)
• If, at the time of sale, digital currencies have resulted in an exchange rate difference, the rate will be 8%, which corresponds to the rate for financial activities.
• Services for mining or storing crypto assets: 3% or 4%.
• Services related to cryptographic validation of data or transactions related to crypto assets: 3% or 5%, depending on whether they reached a turnover level of $1,839 billion in the previous year.
• Services aimed at simplifying the management of transfers, purchases, sales, investments, and/or exchanges of crypto assets through electronic management platforms, digital portals, and/or mobile applications (exchanges): 5,5%

Scarso noted that the new reform provides companies with greater tax clarity and predictability.