Compensation from MtGox – Tax Implications
In 2014, when Bitcoin was still in its beginning, Ethereum had not yet been launched, and most people were unfamiliar with terms like crypto, blockchain,
03/04/2024
Voluntary Disclosure Procedure of the Tax Authority – Crypto
In 2005, the Tax Authority first introduced a voluntary disclosure procedure. This procedure allows taxpayers who have not reported their income to regularize their reporting
25/03/2024
Voluntary disclosure – Crypto
From the year 2005, the term “voluntary disclosure” entered the public consciousness when the Tax Authority introduced its first voluntary disclosure procedure. In its initial
29/01/2024
Temporary Order for tax payment arising from Digital Currency
On January 17, 2018, the Israeli Tax Authority published Circular No. 5/2018 regarding the taxation of activities in Decentralized payment method (hereinafter: ‘the Circular’). According
22/01/2024
Voluntary Disclosure Procedure and Cryptocurrency
As we enter 2024, two significant regulatory procedures concerning cryptocurrencies are anticipated to be released. The first is a regulation framework for accepting tax payments
22/01/2024
Stablecoins
Exploring Stablecoins as a Potential Hedge Against Cryptocurrency Volatility – Insights As Bitcoin drops below USD 42,000 in early January, questions are being raised if
07/01/2022
CBDC Compete Crypto
CBDCs are a Real Competitor for Cryptocurrency CBDC Compete Crypto – In December 2021, the governments of France and Switzerland and their associated government-run central
04/01/2022
Puerto Rico – America’s Crypto Tax Haven
After the passage of the United States Internal Revenue Service section 933, also known as “Act 60”, there is a significant tax advantage for United States
30/12/2021