A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.
Israelis Must Now Disclose Crypto Holdings: Report
Dozens of Israelis who own digital currencies have recently received notification telling them they must fully disclose their assets for taxation purposes.
Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
The draft bill would define bitcoin and other cryptos as “currency” instead of an “asset” for tax purposes.
Israeli Cryptocurrency Traders Locked Out of Banking System: Report
Crypto startups are hitting a snag when it comes to Israeli banks.
Israel Confirms It Will Tax Bitcoin as Property
Israel has confirmed that it will treat cryptocurrencies as taxable assets in a new circular published on Monday.