SARS has issued audit and request for relevant material notices to numerous taxpayers who have traded, invested or used crypto assets, focusing on the tax treatment of crypto asset transactions and periods in which disposals were made. With Project AmaBillions enhancing SARS’ resources to recover tax debt, crypto non-compliance is a key focus, and taxpayers are urged to become voluntarily compliant. With access to exchange data and AI driven analytics, SARS can detect undeclared transactions. Wh