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SARS is coming after these taxpayers hard in South Africa | SA News

Staff Writer
 ·3 Dec 2025

The South African Revenue Service (SARS) is swooping on crypto traders in South Africa, following moves by tax authorities globally to intensify scrutiny over trades.

South Africa has adopted the Organisation for Economic Cooperation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF) and an updated Common Reporting Standard (CRS).

According to tax experts at Tax Consulting South Africa, this represents a significant advancement in compliance with international tax standards and the eradication of crypto-tax…

Competition: The competition from online news platforms and social media has
intensified, forcing traditional media to adapt.

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  2. Fun South African Fact: The world’s largest themed resort hotel in the world – The Palace of the Lost City – is found in South Africa. Surrounding the Palace is a 25 hectare manmade botanical jungle with almost 2 million plants, trees and shrubs.