News list for "sars"

The South African Revenue Service (SARS) has announced the inclusion of crypto assets in its compliance program. The Revenue Service is seeking information about crypto users from the Financial Sector Conduct Authority (FSCA) and crypto asset service providers. SARS said recently that it felt compelled to take this step after noticing that taxpayers had failed to declare crypto assets and transactions in their tax returns. According to the statement, South African law requires SARS to account fo...

2024-10-13 11:58:32