Connect with us

Hi, what are you looking for?


Tax Implications

FORUS Digital enables tax to be collected in real-time

FORUS Digital is going to facilitate the investment of billions of rands into the sme and informal sector of South Africa. This will result in the broadening of the tax base at scale, as businesses grow and start generating vatable supplies and taxable livelihoods.

FORUS Digital enables tax to be collected in real-time. This will enable the fiscus to collect revenue in a clean and transparent manner.

The taxation of digital assets will follow the taxation laws of the country. Capital and revenue gains remain taxable regardless of the form of the asset or store of value traded.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


 518    951

You May Also Like


FORUS will be providing digital processing for people who currently only use cash.


South African regulators have adopted a risk-based, and unified regulatory approach


FORUS Blockchain data protection is based on Bitcoin technology


The digital identity is managed by the core component of the FORUS technology known as Key Server