Does Sars want to tax crypto to death?

Does Sars want to tax crypto to death?

Does Sars want to tax crypto to death?

Some people think so. Others have a more nuanced view – among them Tertius Troost, tax specialist at RSM South Africa.

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The South African Revenue Service (Sars) has published its long-awaited Draft Guide to the Taxation of Crypto Assets, providing – perhaps – the clearest indication yet of how it expects taxpayers to treat crypto transactions under South African tax law.

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About Ciaran Ryan 1511 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.