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Bitcoin World 2024-10-14 02:41:14

South Africa Strengthens Compliance Efforts Targeting Crypto Taxpayers

South Africa strengthens compliance efforts targeting crypto taxpayers, as the South African Revenue Service (SARS) announces the integration of crypto assets into its comprehensive compliance programs. This strategic move aims to enhance the detection and reporting of undeclared cryptocurrency holdings, ensuring taxpayers adhere to South African tax laws that mandate the declaration of all income

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