SARS Urges South Africans to Declare Crypto Assets Through Voluntary Disclosure Program

SARS Urges South Africans to Declare Crypto Assets Through Voluntary Disclosure Program

South African Revenue Service Cracks Down On Crypto With New Tax Rules The South African Revenue Service (SARS) is urging taxpayers to declare their digital currencies through its Voluntary Disclosure Programme (VDP) due to the increasing popularity of crypto assets like Bitcoin and Ripple’s XRP in South Africa. SARS has noted the growth of crypto-related … Read more