🇿🇦 BREAKING: South Africa moves to tax ~6M crypto holders.


SARS just dropped its draft crypto tax guide (July 1).
Key points:
🔹 Tax hits when you sell, swap, or spend, not on holding
🔹 Crypto-to-crypto swaps = taxable barter events
🔹 Frequent traders: income tax 18%–45%
🔹 Long-term holders: CGT ~18% effective (not 36%, that's for trusts)
🔹 Exchanges already reporting to SARS via CARF since March 1
🔹 It's a DRAFT, public comment open till Aug 31
Not law yet. But the reporting pipeline is already live.
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