
Tax Consulting South Africa
February 7, 2025 at 11:19 AM
SARS has unearthed a new source of tax revenue collection – cryptocurrency trading and investing!
With their purview unlimited, SARS has confirmed their ability to receive information directly from local crypto asset exchanges. Empowered to open historic tax periods and conduct in-depth audits, SARS’ Specialised Crypto Unit is making great inroads into uncovering non-compliance at all levels.
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