Adv. Doron Levy Explains Voluntary Disclosure for Israeli Cryptocurrency Investors
Appearing in a brief video, Adv. Doron Levy addresses the connection between Israel’s voluntary disclosure efforts and cryptocurrency. He notes that the crypto market functions independently from standard banking systems, resulting in limited reporting to the Israel Tax Authority (ITA). Recognizing the rapid increase in crypto valuations, the ITA has initiated steps to pursue tax […]
Lawyer Doron Levy: The Shifting World of Tax Laws for Immigrants
Join Adv. Doron Levy as he explores the evolving tax legislation for immigrants across the globe. Countries like Israel, Italy, and the Netherlands have introduced generous tax exemptions to attract high-net-worth individuals. However, as fiscal pressures rise, Adv. Levy notes that some countries, like the UK, are retracting these benefits. Will this push wealthy residents […]
TechBullion: Tax Lawyer Doron Levy Breaks Down Cryptocurrency Tax Challenges
In an interview for TechBullion, Tax lawyer Doron Levy explains the complexities surrounding cryptocurrency taxation, from valuation difficulties to taxable events triggered by exchanges: “Cryptocurrencies, such as Bitcoin or Ethereum, present a unique challenge because of their decentralized nature and the fact that they operate outside traditional banking systems. Many people misunderstand how they should […]
Israel’s Approach to Taxing Immigrants’ Assets – Lawyer Doron Levy | Video
Tax lawyer Doron Levy breaks down the complexities of Israel’s exit tax system and whether proposed reforms can effectively prevent tax evasion after residents leave. https://youtu.be/-_7L0ftS5ZE?si=kY6UfShWlvtm1BT6
Video: The Tax Dilemma – Moving from Israel to the U.S. | Lawyer Doron Levy
Moving to the United States from Israel might seem like a fresh start, but it can also introduce complex tax challenges. Doron Levy, a tax lawyer, explains how Israeli exit tax regulations could conflict with U.S. tax laws, potentially leading to double taxation. When selling property after obtaining U.S. residency, individuals may pay taxes in […]
The Differences Between the Territorial Method and the Personal Method: Tax Lawyer Doron Levy on Globes
In this insightful interview on Globes, tax lawyer Doron Levy breaks down the complexities of residency status and what it means for Israeli taxpayers: “The territorial method focuses on the relationship between the income and the country. If income is generated within a country’s borders, or received within its borders, that country has the right […]
Tax Lawyer Doron Levy: Taxation Insights for Israelis Moving Abroad | Video
Join Doron Levy as he explains the key tax implications for Israelis moving abroad. This video covers essential topics such as tax residency, obligations to the Israeli tax authority, and strategies to minimize tax burdens. https://youtu.be/6-zs9cVegfI?si=97x82FNd6uYsOpBy
Navigating Retroactive Crypto Tax Calculations | Tax Lawyer Doron Levy
Join tax expert Doron Levy as he explores the challenges of retroactively calculating taxes for undeclared cryptocurrency income. Adv. Levy discusses the various factors that influence the final tax amount, including currency conversion rates and different tax rates. Through a detailed example, he shows how professional expertise can significantly impact the amount of tax owed, […]
New Voluntary Disclosure Procedure | Tax Lawyer Doron Levy
The Attorney General of Israel has authorized the release of a new voluntary disclosure procedure. This procedure allows Israelis who have previously hidden assets and evaded taxes to report their wealth and pay the owed taxes without facing criminal charges. It is particularly pertinent for individuals involved in cryptocurrency trading who have struggled with reporting […]
“Planning is crucial for minimizing expatriation tax liabilities”: Lawyer Doron Levy at Globes
In a helpful interview with Israeli tax lawyer Doron Levy on the Globes website, we explore essential strategies for minimizing expatriation tax liabilities in today’s global landscape: “Planning is crucial for minimizing expatriation tax liabilities. Individuals should seek professional advice before their planned move to understand the tax implications and explore potential strategies. For instance, […]
