SARS going after South African Bitcoin traders
The South African Revenue Service (SARS) has asked cryptocurrency exchanges for information on their customers as part of a crackdown on tax evasion by crypto traders.
It followed audit requests from SARS to taxpayers in February, requesting them...
SARS tightening tax on Bitcoin
The South African Revenue Service (SARS) is tightening tax collection on cryptocurrency transactions, Joon Chong and Lumen Moolman from Webber Wentzel have warned.
According to Chong and Moolman, this makes it important to distinguish between events that will...