Argentina exempted cryptocurrency transactions, credit and debit card operators, and cash transport companies from the bank debit tax through Decree No. 475/2026, published 18 June 2026.
Argentina’s Executive Branch has introduced a new exemption from the tax on debit and credit bank accounts for cryptocurrency transactions by amending Decree No. 380/2001 through Decree No. 475/2026, dated 17 June 2026
The decree updates tax regulations on bank debits and credits by expanding exemptions for modern financial services, including registered virtual asset providers and credit or debit card system operators.
It was published in the Official Bulletin on 18 June 2026 and took effect on the same day.
Purpose of the modifications
The Executive Branch introduced these exemptions to adapt the existing tax framework—specifically the Tax on Bank Account Credits and Debits outlined in the Annex of Decree No. 380/2001—to recent technological advancements and new regulatory frameworks.
The stated goal of the decree is to equalise the conditions for different entities carrying out activities of similar characteristics so that they do not face unequal tax treatments.
Exemptions for virtual asset service providers (crypto transactions)
The decree incorporates a new exemption for bank accounts used exclusively for the specific operations of Virtual Asset Service Providers. To qualify for this exemption, the providers must be registered with the Registry of Virtual Asset Service Providers of the National Securities Commission. Furthermore, the decree stipulates that these specific accounts must also be registered under the framework established by AFIP General Resolution No. 3900/2016, or any resolution that replaces it in the future.
Exemptions for credit and debit card systems
The amended framework exempts accounts that are exclusively used by companies operating credit, purchase, and/or debit card systems.
This exemption specifically covers:
- Debits originating from bank loans that are intended to finance the company’s activities.
- Credits and debits are generated from the issuance and cancellation of corporate bonds issued for that same financing purpose.
Exemptions for cash transport companies
Accounts used exclusively by cash transport companies are now exempt when used for rendering collected cash to their rightful owners. This applies provided that the companies are registered in the “Registry of Value Transporters” administered by the Central Bank of the Argentine Republic (BCRA).
