Bitcoin Tax

FinTech

SARS Working on Detection Tools to Find Cryptocurrency Tax Dodgers

Luis Monzon - March 6, 2020

It is a legal requirement to pay tax on your Bitcoin earnings, the South African Revenue Service (SARS) outlined in 2018. This requirement, however, is more difficult to enforce than conventional income or capital profit. As the name implies, it...

FinTech

South African tax collector takes aim at cryptocurrencies like Bitcoin

Staff Writer - December 14, 2017

According to a report by MoneyWeb, The South African Revenue Service (SARS) has opened dialogue with a number of the top technology companies in the world in order to try and enable the tax revenue service to track cryptocurrecy...

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