SARS Consulting on Draft CARF Regulations and Revised CRS Regulations

The South African Revenue Services has launched a public consultation on:

• Draft Crypto-Asset Reporting Framework (CARF) Regulations (Explanatory Note)
• Draft Revised Common Reporting Standard (CRS) Regulations (Explanatory Note)

The deadline for comments is 3 October 2025.

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EXPLANATORY NOTE ON PUBLICATION OF DRAFT CARF REGULATIONS

Regulations for purposes of paragraph (c) of the definition of "International Tax Standard" in section 1 of the Tax Administration Act, 2011 (Act No. 2…