Argentinian Tax Authority Strengthens Crackdown on Illegal Crypto Miners
Source: Andy/Adobe Argentina’s tax body has bolstered its ongoing crackdown on crypto miners who do not declare their operations – and looks set to make good on the government&rsquo ;s pledge to ensure that all crypto-related activity in the nation is taxed. After ministers called for crypto-related tax reform back in February, the national tax Authority, known locally as the AFIP, last month began identifying and shutting down groups of illegal crypto miners. Now, they have struck again and say they have teamed up with customs and social security officials, per an official government notice. The partnership has already borne fruit – with what the AFIP called a “series” of raids on properties in the town of Río Cuarto, Córdoba. Source: argentina.gob.ar/AFIP The raids uncovered “ 57 mining rigs and 342 video cards with a market value of $420,000.” The officers claimed that the Río Cuarto miners were usin...