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![belizardd Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1485245285924282369.png) defizard [@belizardd](/creator/twitter/belizardd) on x 61.1K followers
Created: 2025-07-17 09:00:41 UTC

VIII. South Africa

- Crypto is an asset of an intangible nature and Capital Gains Tax or Income Tax may apply
- Selling, swapping, spending, or gifting crypto is a taxable disposal
- Investors with capital gains will pay an effective tax rate of up to XX%
- Traders with revenue income will pay Income Tax of up to XX%
- Buying crypto with $ZAR, holding crypto, and transferring crypto is tax free
- Earning crypto - like mining or staking rewards - is revenue income and subject to Income Tax
- Investors should specifically identify the cost basis of assets or use FIFO


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945770622380101699/c:line.svg)

**Related Topics**
[$zar](/topic/$zar)
[gifting](/topic/gifting)
[capital gains](/topic/capital-gains)
[tax bracket](/topic/tax-bracket)
[south africa](/topic/south-africa)

[Post Link](https://x.com/belizardd/status/1945770622380101699)