A proposal to amend the South African Tax Laws Amendment Bill (TLAB) has been sent by the South African Treasury. If approved, the bitcoin trading in the country will be exempted from value-added tax (VAT). In the April, the taxation guideline for cryptocurrency has been set which demanded the taxpayers to provide the detail of their trading activities.
Bitcoin Tax Law Amendment Proposed in South AfricaIncryptsJul 30, 20180
Feb 18, 2020
Feb 13, 2020