Blacklist of scam sites

Cryptocurrency

Israel Tax Service urged citizens to disclose information about cryptoassets



The Israel Tax Authority (ITA) has sent out letters to crypto traders demanding the disclosure of crypto assets for tax purposes. It is reported by Globes. Dozens of Israelis who own digital currencies recently received a notice from the ITA, according to the publication. ITA has requested information about Israelis’ accounts from cryptocurrency exchanges in Israel and outside the country. In order to obtain information, the IRS was guided by the general reporting standards in the EU and the US law on compliance with tax laws on foreign accounts. The ITA said that digital currency investors are subject to a 25% capital gains tax.

Related posts
Cryptocurrency

Financial holding JPMorgan posts 56 vacancies for recruiting blockchain specialists

Cryptocurrency

Why is Bitcoin still at the helm?

Cryptocurrency

Dubai-based investment fund FD7 Ventures: Cardano and Polkadot will grow 20 times

Cryptocurrency

Media: AMD is preparing a line of video cards for mining cryptocurrencies

Subscribe to our newsletter and
Stay up to date

Leave a Reply

Your email address will not be published.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