{

“title”: “How to Report Airdrop Income in Argentina: Complete Tax Guide”,
“content”: “

Understanding Airdrop Taxation in Argentina

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Cryptocurrency airdrops – free distributions of tokens to wallet holders – have become popular in Argentina’s growing crypto ecosystem. However, the Argentine Tax Authority (AFIP) considers airdrops taxable income. Whether you’re a crypto enthusiast or casual participant, understanding how to properly report this income is crucial to avoid penalties. This guide breaks down Argentina’s tax requirements for airdrop recipients in simple, actionable steps.

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Is Airdrop Income Taxable in Argentina?

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Yes. According to AFIP Resolution 4835/2020 and General Resolution 4618/2019, cryptocurrency transactions including airdrops fall under Argentina’s tax framework. Airdrops are classified as “otros ingresos” (other income) at the moment of receipt. The taxable amount is the token’s fair market value in Argentine pesos (ARS) when it lands in your wallet. Even if you don’t sell the tokens immediately, you must declare their value during the tax year received.

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Step-by-Step Guide to Reporting Airdrop Income

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1. Record Key Details: Document the date, token name, quantity received, and exchange rate at receipt time. Save blockchain transaction IDs.

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2. Calculate ARS Value: Convert the token’s USD value to ARS using the AFIP’s official exchange rate or reputable exchange rate on the receipt date.

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3. Classify Income Type: Most airdrops qualify as “Rentas de Cuarta Categoría” (non-labor income). If sold later, capital gains may apply.

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4. File Annual Tax Return: Report total airdrop income in your “Declaración Jurada” using Form 710 under “Otros Ingresos.”

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