The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt collection was suspended during the Covid-19 pandemic period. However, these procedures started being executed on January 31. Argentinian Tax Authority Eyeing Digital Wallets The AFIP, the Argentinian Tax Authority, has included funds in digital wallets as one of the assets that can be confiscated from taxpayers to settle tax-related debts. This addition was suggested to state attorneys in November, but the confiscation procedures of this kind were suspended until January 31st due to the effects of the Covid-19 pandemic. The organization has now defined the procedure it needs to follow to confiscate assets in these digital accounts. It adds this to other investment vehicles at its disposal to c...
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