South African Tax Body Updates Crypto Tax Guidance, Confusion Persists

0
16
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists

image
In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in tax returns. Distinction Between Income and Capital Gains Tax As shown on SARS’ crypto-asset tax […]
Read More