Argentina commits to OECD crypto tax reporting framework by 2029

Argentina has formally pledged to adopt the OECD’s Crypto‑Asset Reporting Framework (CARF) and to begin automatic cross‑border exchange of crypto‑transaction data by September 2029. The move makes Argentina the 77th jurisdiction to join the global tax‑information network.

Implementation timeline

The commitment sets a deadline for Argentina to have the necessary domestic legislation, reporting systems, and international exchange arrangements in place by September 2029. Exchanges and other covered service providers must collect customer identification and transaction details once the framework is incorporated into Argentine law.

Scope of reporting

CARF targets crypto‑asset service providers such as centralized exchanges and brokers. Required data includes the user’s name, address, tax residence, tax identification number, and details of purchases, sales and transfers of crypto assets. Self‑custody wallets are not automatically reported, but transactions that pass through a covered provider will be captured.

Relation to existing tax rules

The framework does not create a new crypto tax; tax liabilities remain governed by Argentina’s domestic legislation. CARF merely standardises the information that service providers must gather and that tax authorities can exchange.

Argentina’s regulatory background

In 2024 Argentina introduced a mandatory registry for virtual‑asset service providers, requiring businesses that buy, sell, send, receive, lend or trade crypto assets to register with the National Securities Commission. Major exchanges, such as Bitget, have already obtained registration under this regime.

International context

Participating jurisdictions are slated to start exchanges in 2027, 2028 or 2029. The United Kingdom began data collection in January 2026, with exchanges expected in 2027. The European Union and South Africa have similar schedules. Argentina’s September 2029 start places it later than many peers.

Potential impact

Once operational, CARF will give Argentine tax authorities standardized data on residents’ crypto transactions conducted abroad, enabling comparison with domestic tax filings and helping to address evasion and avoidance risks.