It’s been more than three years since the South African Revenue Service’s media statement on cryptocurrencies. Sadly, little further has been communicated since then. By Tertius Troost.
Browsing: South African Revenue Service
South Africa’s three largest cryptocurrency exchanges say they have been approached by the South African Revenue Service as part of a tax risk assessment exercise on residents.
The South African Revenue Service has been given a huge injection of R3-billion to improve its technology infrastructure and artificial intelligence capabilities.
The South African Revenue Service has published its very own Web browser, with support for Adobe Flash, to allow e-filing taxpapers to continue submitting their tax forms electronically.
International suppliers of services to South African customers must evaluate whether these qualify as electronic services and whether this would create a liability to register for VAT.
The South African Revenue Service will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their
The South African Revenue Service says its tax and customs offices will close at 5pm on Friday due to a substantial IT system upgrade and maintenance. To minimise disruptions on the day, Sars said its employees
Finance Minister Pravin Gordhan has answered the Hawks questions regarding the alleged South African Revenue Services “rogue” unit on Wednesday, stating that the unit acted lawfully as far as he is aware. “I am advised that the Sikhakhane Panel
The following is the full and unedited text of a statement issued by finance minister Pravin Gordhan, in which he explains how he has answered a set of questions from the Hawks regarding the establishment of a so-called “rogue” unit at the South African
The move by national treasury and the South African Revenue Service to force foreign suppliers of downloadable digital goods and services to register to pay value-added tax in South Africa makes complete sense, but some administrative issues must still