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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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Crypto Tax Evasion: SARS Crackdown And How To Stay Compliant
Arslan Tabish
02:22
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
