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Argentina’s Mendoza Province Now Accepting Crypto For Taxes And Fees - Investment - Nairaland

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Argentina’s Mendoza Province Now Accepting Crypto For Taxes And Fees by coinsazette: 10:20am On Aug 30, 2022
A popular metropolis in Argentina, Mendoza has announced its intention to receive taxes on cryptos. This development was confirmed by the general director of the Mendoza tax administration authority, Nicolas Chávez. According to Chavez, the province has already implemented an efficient mechanism to enable its taxpayers to pay their taxes with cryptos.

Mendoza has now become the first province in Argentina to execute a virtual system, allowing taxpayers to make payments and other operations with virtual currencies. Although, the system has been fully embraced in several countries, including Japan and South Korea. This thus illustrates that the usage of cryptos as a medium of tax payment is now gaining immense popularity.

https://coins-gazette.com/post-detail/argentinas-mendoza-province-now-accepting-crypto-for-taxes-and-fees

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