The South African Revenue Service (SARS) considers cryptocurrency a taxable asset, meaning that if you buy, sell, or hold crypto you must declare it in your tax return. SARS taxes crypto transactions under Capital Gains Tax (CGT) or Income Tax, depending on whether the activity is classified as an…
Introduction With so much talk about decentralization being interlinked with the concept of crypto, many users are under…
Celsius is one of multiple platforms that have been affected by the liquidity crisis currently plaguing the crypto…
Background We have published an in-depth guide for DeFi taxes which includes specific examples for a wide range of…
NFT stands for “Non-fungible token”, a non-interchangeable unit of data stored on a blockchain that can be sold and…
Is buying crypto with fiat currency taxable? In most jurisdictions, cryptocurrency is viewed as property, a type of…