Search Results for: BITCOIN  – Page 3

IFWG-CAR-WG-Position-paper-on-crypto-assets

[…] 11. Abbreviations 49 IFWG : CAR WG Position P aper on Crypto Assets 2 Foreword by the Intergovernmental Fintech Working Group Chairperson Since the release of the Bitcoin white paper more than 12 years ago, the crypto asset ecosystem has grown to include more than 10 000 unique crypto ass ets as at the […]

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IFWG CAR WG Position paper on crypto assets

[…] 11. Abbreviations 49 IFWG : CAR WG Position P aper on Crypto Assets 2 Foreword by the Intergovernmental Fintech Working Group Chairperson Since the release of the Bitcoin white paper more than 12 years ago, the crypto asset ecosystem has grown to include more than 10 000 unique crypto ass ets as at the […]

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Media release SARS CONDUCTS RAID AT AN UNREGISTERED WAREHOUSE – updated on 7 May 2023 – Zulu

[…] oPhiko Lwemalingeniso Eqoqwayo LwaseNingizimu Afrika (SARS) nawoMnyango wamaPhoyisa (i -SAPS) agasele kusigcinampahla esingagunyaziwe esiseVryburg, e- North-West izolo, mhla ziyi -4 kuNhlaba 2023, bathatha impahla yokukhiqiza utshwala ne- bitcoin kwezigidi zamarandi. Isigcinampahla sasisetshenziselwa ukuhlanganisa ngokungemthetho umshini wokugubha i -crypto siwuhlanganise nesiphakelimandla sedolobha. Besiphinde sisetshenziselwe ukukhiqiza amabhodlela ayizi -14 617 otshwala obungayikhokhi intelo kanye namagama adumile […]

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LAPD-CGT-G01 – Comprehensive Guide to Capital Gains Tax

[…] special trusts may constitute personal-use assets under para 53(2), and if so, any gain or loss on their disposal must be disregarded . Cryptocurrenc ies such as Bitcoin are neither official South African tender nor widely used and accepted in South Africa as a medium of payment or exchange. As such, they are not […]

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SARS’S STANCE ON THE TAX TREATMENT OF CRYPTOCURRENCIES-isiZulu

[…] sabezindaba, lukhona uhlaka lokusebenza olukhona lwentela olungaqondisa abakwa -SARS nabakhokhintela abathintekayo emitheleleni yentela ku -cryptocurrencies, okwenza singabi khona isidingo sokuqashelwayo ekuTolikweni okwa manje. I-Cryptocurrency (emelwe yi – Bitcoin) yimali ye -inthanethi ebonakala kuphela kukhompyutha. Isibalo esikhulayo sabakwesekayo beseka ukusetshenziswa kwayo njengenye indlela yemali engakhokhela iz impahla kanye nomsebenzi njengendlela imali ejwayelek ile esebenza ngayo. […]

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Afr20180372T Media statement_Cryprocurrencies

[…] SARS en die geaffektee rde belastingpligtiges kan leiding gee oor die belastingimplikasies van kripto -geldeenhede, wat ‘n afsonderlike interpretasienota vir nou onnodig maak. Kripto -geldeenheid (gekenmerk deur Bitcoin) is ‘n internet -gebaseerde digitale geldeenheid wat feitlik geheel en al in die virtuele ruimte bestaan. ‘n Toenemende aantal voorstanders ondersteun die gebruik daarvan as alternatiewe […]

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South Africa NPO TF SRA_Final_17 April 2024

[…] very small number of NPOs make use of crypto currencies to transact and raise funds. One case stud y involve d the use of crypto currencies (e.g. bitcoin) to raise funds to support a terrorist group. 201. Of the 301 NPOs surveyed, 37 indicated that they receive cash donations on a regular basis, which […]

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6 April 2018 – SARS’s stance on the tax treatment of cryptocurrencies

[…] existing tax framework that can guide SARS and affected taxpayers on the tax implications of cryptocurrencies, making a separate Interpretation Note unnecessary for now. Cryptocurrency (typified by Bitcoin) is an internet-based digital currency that exists almost wholly in the virtual realm. A growing number of proponents support its use as an alternative currency that […]

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