What are the recent changes in gross income tax in some provinces of Argentina?

Gross Income Tax, or IIBB, is a tax already reaching cryptocurrencies in some Argentine provinces. Accountant Marcos Zócaro, who specializes in these topics, shared some points to keep in mind with Cointelegraph in Spanish.

“Gross Income Tax, or IIBB, is a provincial tax that, unless otherwise noted, is applied to the total price without ‘deducting’ the expense. And each province and each activity has its own rate,” he clarified before detailing what is happening in Argentina’s different provinces.


“The province of Córdoba introduced a different tax base for crypto trading activity in 2021: the IIBB rate will be applied to the difference between P for sale and cost,” explained Zocaro.

What are the recent changes in gross income tax in some provinces of Argentina?
What are the recent changes in gross income tax in some provinces of Argentina?

Also, as he said, the:

-Provision of services related to operations related to digital currencies

-The revenue from the sale of digital currencies when derived from exchange for the commercialization of goods and/or services

And an attempt was made to give a definition for “digital currency”? but quite imprecise.


The province of Tucumán also established the different tax base for buying and selling “digital currencies” in November 2021.

What is meant by this term has not been defined.


The province of Neuquén has also had a different tax base for the sale of “digital currencies” since 2022. regularly.

As in the rest of the provinces where there was a “definition”? digital currency, here this concept is equated with “virtual currency, cryptocurrencies, crypto-active products, tokens, stablecoins, etc.” although technically they are not the same.

Other provinces set different tax bases

Zócaro also said that starting in 2022, La Pampa, Entre Ríos, La Rioja, Neuquén and Catamarca will also establish a different tax base for the sale of cryptocurrencies.

“Some give a definition of digital currency (the definition has been ‘copied’ between provinces, meaning it’s not very good),” he clarified.

No news in the remaining provinces

The Autonomous City of Buenos Aires (CABA), the Province of Buenos Aires and the rest of Argentina’s provinces still have no news.

“Even in 2021, ARBA (Buenos Aires province) clarified in a meeting with the Council of Professionals in Economic Sciences that there is no ‘differentiated basis’ for selling cryptocurrencies,” Zocaro added.

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About Marcos Zocaro

He is a chartered accountant and a specialist lawyer for taxes. He works as a consultant, undergraduate and graduate university professor, speaker at courses and tax conferences, and writes articles for newspapers and professional journals. He is the author of A Bag of Taxes. and â??Cryptocurrency Manualâ??.Â

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