Avoiding Penalties: Adv. Doron Levy on Voluntary Disclosure and Crypto Tax Compliance
In a recent video, Adv. Doron Levy highlights Israel’s voluntary disclosure approach, particularly regarding cryptocurrency. He points out that crypto operates outside conventional banking channels, meaning fewer financial transactions are reported to the Israel Tax Authority (ITA). With crypto values rising, the ITA must ensure proper tax collection from this rapidly evolving economic landscape. Levy […]
