SARS to take a tougher stance when assessing crypto trading activities
SARS to take a tougher stance when assessing crypto trading activities. The South African Revenue Service (SARS) has taken notice of the surge in South Africans entering the cryptocurrency market sector. In South Africa, where the revenue service recently clarified that crypto asset profits and gains are liable to the standard rules of income and capital gains taxes, crypto assets have recently been defined as a financial instrument. Also Read: […]