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Argentina's tax authority finds another undeclared crypto mining farm

2022/10/26 01:06

According to The Block, Argentina's tax authority (AFIP for its name in Spanish) uncovered another crypto mining farm that did not properly declare its activities. The crypto mining farm had enough equipment to generate an estimated $100,000 per year, AFIP said in a statement. The AFIP and customs officials "detected a cryptocurrency farm of a taxpayer who is not registered with the agency with any activity linked to development of crypto assets," the tax authority said in a press release. Whether any arrests were made in this case remains unclear. Authorities did not disclose the location of the crypto mine.

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