Tag: Sars

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SARS Targets Crypto Tax Compliance in South Africa

SARS targets crypto tax compliance in South Africa, using AI and machine learning to enhance audits and identify non-compliant taxpayers. The South African Revenue Service...

South Africa’s SARS to Apply Normal Income Tax Rules to Cryptocurrencies

The South African Reserve Service (SARS) has announced that it will be applying normal income tax rules to cryptocurrencies. In an announcement released by the...

Sars Wants to Track Cryptocurrency Trades for Taxation Purposes

Cryptocurrency is a very popular topic among governments and regulators these days. More specifically, the concept of taxing cryptocurrency is of great interests. Sars,...