An investigation into the output tax consequences of bitcoin transactions for a South African value-added tax vendor

Background: The use of bitcoin in South Africa is fairly new, but has increased as several online retailers now accept bitcoin as a means of payment. The South African Revenue Service has released a media statement regarding the normal tax treatment of cryptocurrencies (such as bitcoin), but policy...

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Bibliographic Details
Main Author: Cecileen Greeff
Format: Article
Language:English
Published: AOSIS 2019-04-01
Series:South African Journal of Economic and Management Sciences
Subjects:
VAT
Online Access:https://sajems.org/index.php/sajems/article/view/2162