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…
Background Set Labs (the company behind TokenSet) was founded in 2017 around the idea of allowing users to create a…
What is a hard fork? In the crypto world, a ‘hard fork’ occurs when a blockchain’s programmers decide to pivot. This is…
In July, the HMRC put out a call for evidence pertaining to the taxation of DeFi activity. In their own words, the HMRC…
While some may describe investing in crypto as a gamble, that’s not the focus of today’s blog post. Today, we’ll be…
IRS updates crypto question on Form 1040 The Internal Revenue Service (IRS) has proposed an update to a question…