Argentine Tax Authority Incorporates Crypto Activities 

By means of General Resolution 5607/2024, the Argentine Tax Authority (ARCA) amended RG 3537 and incorporated 15 new activity classifications to the Classification of Economic Activities (CLAE), seeking to update the registry and reflect the digital evolution and emerging business models.

Numerous activities related to crypto-assets—ranging from P2P operations to mining—have been incorporated, providing greater clarity on the framework in which they will be included for tax purposes. 

The new incorporated activities are:

1.    Transport and storage services 

-    Code 530091: door-to-door courier service managed through electronic management platforms, digital portals, and/or mobile applications.

2.    Information and Communications

-    Code 620901: development, design, and/or maintenance services for electronic management platforms, digital portals, and/or mobile applications.
-    Code 631111: cryptographic validation service of data and/or transactions linked to crypto-assets.
-    Code 631112: cryptographic validation service of data and/or transactions, except those linked to crypto-assets.
-    Code 631121: crypto-asset mining power location services.
-    Code 631122: mining power location services except for crypto-assets.
-    Code 631123: crypto-asset custodial services.
-    Code 631201: intermediate services in the purchase and sale of movable property, provision of services—except financial services—, and/or works contracts by means of electronic management platforms, digital portals, and/or mobile applications.
-    Code 631202: intermediary service in the provision of courier services managed through electronic management platforms, digital portals, and/or mobile applications.

3.    Financial Intermediation and Insurance Services

-    Code 649291: credit services by non-financial providers, granted through electronic management platforms, digital portals, and/or mobile applications.
-    Code 649292: credit services by non-financial providers, except those provided through mobile platforms, digital portals, and/or mobile applications.
-    Code 649992: trading and exchange of crypto-assets pro se.
-    Code 661993: services to facilitate the management of transfer, purchase and sale, investment, and/or exchange of crypto-assets through electronic management platforms, digital portals, and/or mobile applications.
-    Code 661994: administration, management, control, and/or processing of collections and/or payments

4.    Professional, Scientific and Technical Services

-    Code 731002: service of creation, editing, production, dissemination, and/or advertising of audiovisual content to be used and/or reproduced through social networks, technological applications, and/or digital platforms and other economic activities linked to content creators.