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CATEGORY: sars


Crypto Tax Evasion: SARS Crackdown And How To Stay Compliant

Author: Arslan Tabish
Estonia
Oct 14, 2024 02:30

Crypto Tax Evasion: SARS Crackdown And How To Stay Compliant

The South African Revenue Service (SARS) is stepping up its enforcement in the cryptocurrency sector, given that over 5.8 million South Africans own digital assets. Bitcoin usage is at its highest in Southern Africa and this has put SARS in a quandary as to whether taxpayers are declaring their digital assets assets and trading on […]

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