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| Cryptocurrency Subject To Income, Capital Gains Taxes In South Africa This is just the latest in a string of countries that are establishing cryptocurrency reporting requirements. Thailand's SEC recently announced that trades in crypto would be subject to 15 percent CGT and seven percent VAT, while Australia passed a bill that would eliminate double taxation of digital ...
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| Indian Pressure on Cryptocurrency Market Backfires A less politically correct approach was given by an Indian cryptocurrency exchange professional who chose to stay anonymous: "This isn't really a big surprise, but it is definitely stupid. The government has been after us, and the bank guys have been after us. They're doing all the fraud in the world, but ...
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| South Africa Orders Taxpayers to Declare Cryptocurrency Gains The South African Revenue Service (SARS), the revenue service of the South African government, is ordering taxpayers to declare cryptocurrency gains and losses or risk facing penalties, regardless of how unclear the tax rules are at the moment.
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