Voluntary Disclosure Procedure: Key Insights | Adv. Doron Levy
The goal of the Voluntary Disclosure Procedure is to enable taxpayers who have not yet reported their income to settle their obligations without the risk of criminal proceedings. This initiative, aimed at reducing the government deficit that grew following the “Iron Swords” war, is expected to generate 2–3 billion shekels for the state treasury and […]
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 […]
“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, […]
Can Settlements be Reached on Class Action Lawsuits? Lawyer Doron Levy Explains on BusinessMole
Discover key insights into legal settlements with Lawyer Doron Levy in an article on BusinessMole. Adv. Levy provides valuable commentary, stating, “Settlements can be reached involving partial payments or the cessation of wrongful behavior by the defendant. It’s essential to highlight that any agreement reached must undergo court scrutiny and approval to become legally binding.” […]
“Operating in two separate tax systems creates a special taxation complexity”: Adv. Doron Levy on Pressat
Adv. Doron Levy provides Pressat a glimpse into the evolving world of international taxation, offering a valuable perspective on the adjustments and strategies necessary for businesses to thrive and remain compliant internationally: “The fact that it operates in two different sovereign systems and two separate tax systems creates a special taxation complexity. This international activity […]
Lawyer Doron Levy: Class Action Explained | Video
In this video, Lawyer Doron Levy talks about class action lawsuits: “The advantage is that usually, in classic class action lawsuits, the damage caused to every individual member of the group is relatively small, let’s say a few tens or hundreds of shekels worth of damage, a damage that normal people would be unlikely, to file a separate legal […]
PRLog: Adv. Doron Levy talks about the Israeli tax revenue problem
The article, published at PRLog, highlights Adv. Doron Levy’s views on the potential consequences of a decrease in tax incomes in Israel. Adv. Levy emphasizes that a decline in tax revenues could reduce government spending, which may impact public services, social welfare programs, and investments in the country’s economy. Levy worried that tax collection would fall short […]
“Unique Taxation Complexity”: Adv. Doron Levy Dives into International Taxation | Video
In this enlightening video, Adv. Doron Levy sheds light on the intricacies of taxes field, stating, “The field of international taxation deals with economic activity that takes place in the space between two countries or in two countries, for example, an Israeli-owned business that also operates in the United States or other countries as well, […]
Adv. Doron Levy on Globes: “The rapid development of technology is often ahead of the authorities”
In an interview for Globes, Adv. Doron Levy reviewed the main points of proposed revisions to the Arrangements Law concerning the tax amendments: “The rapid development of technology is often ahead of the authorities, and therefore the draft bill also addresses digital assets and the promotion of the regulation regarding activity in those assets”. Adv. […]
