Officials in South Africa Propose VAT-Exemption for Bitcoin Trades

Officials in South Africa Propose VAT-Exemption for Bitcoin TradesCryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed. According to regional […]

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