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3232South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
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Thu, 02 Sep 2021 13:30:06 +0000https://www.digit.info/2021/09/02/south-african-tax-body-updates-crypto-tax-guidance-confusion-persists/Read more]]>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 […]
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 […]