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 […]
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, […]
