Taxpayers have to declare cryptocurrency gains or losses as part of their taxable income. The South African Revenue Service (Sars) will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their taxable income. The growing[…]
An urgent application brought by three former South African Revenue Service (SARS) executives to stay prosecution against them on charges of corruption, has been dropped after they reached an agreement with the National Prosecuting Authority (NPA). According to a report by The Citizen, the application was removed from the urgent[…]
The South African Revenue Service (SARS) will investigate religious institutions for possible tax non-compliance. In July last year‚ the Commission for the Promotion and Protection of the Rights of Cultural‚ Religious and Linguistic Communities released its final report on the commercialisation of religion and abuse of people’s belief systems. Among[…]
Journalist Jacques Pauw says he will oppose an application by the South African Revenue Service (SARS) in the Western Cape High Court over his recently published book. “We will oppose the application and we will argue that I published the information legally and there was huge public interest in what[…]
President Jacob Zuma pocketed a “salary” of R1 million a month from a controversial tender mogul without declaring it to the South African Revenue Service (SARS), claims a new book by former Media24 investigative journalist Jacques Pauw. The President’s Keepers, Pauw’s fifth nonfiction book, hits the shelves this week, and[…]
About one year before the now discredited SARS rogue unit narrative was created, the Guptas were receiving “intelligence” that there was a unit in SARS that was investigating them as well as others who were close to the president. This was revealed through a couple of emails sent by Gary[…]
Former SA Revenue Service spokesperson Adrian Lackay is set to give his third day of testimony on Wednesday, at a CCMA arbitration hearing. Lackay revealed on Tuesday that senior SARS employees and the Government Communication and Information System (GCIS) planned to “spike” a story the Mail & Guardian was due[…]
Former SARS employee Johan Van Loggerenberg says he is ready to take on the Hawks and NPA in court to clear his name. “Hawks and NPA you must come. Our consciences are clear and we are ready,” he said. “If you want to abuse your power to achieve a nefarious[…]
‘Informal discussions” are under way between National Director of Public Prosecutions (NDPP) Shaun Abrahams, his close allies in the National Prosecuting Authority (NPA) as well as lawyers of Finance Minister Pravin Gordhan and his two co-accused to drop the charges against them. City Press has learnt that yesterday, a draft[…]
The South African Revenue Services (SARS) says that a full investigation would be conducted into the reported manhandling of an official by the Hawks as they allegedly tried to obtain evidence to use against Finance Minister Pravhin Gordhan. “SARS has noted the media reports and circulated video material to the[…]
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