South African Revenue Service Cracks Down On Crypto With New Tax Rules

South African Revenue Service Cracks Down On Crypto With New Tax Rules

Source: Bitcoinist In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP). Given the increasing popularity of digital assets like Bitcoin and Ripple’s XRP among South Africans, the agency’s latest move isn’t…

Read More