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How to pay taxes with cryptocurrencies in Israel?

How to pay taxes with cryptocurrencies in Israel?

The government of Israel confirmed Monday that it will treat bitcoin and other cryptocurrencies as a kind of property. This confirms previous allegations that the IRS will treat bitcoin as “property, not currency,” making it taxable as such. The first position of the IRS described in the draft circular issued in January this year. The… More

How to pay taxes with cryptocurrencies in Israel?

How to pay taxes with cryptocurrencies in Israel?

The government of Israel confirmed Monday that it will treat bitcoin and other cryptocurrencies as a kind of property. This confirms previous allegations that the IRS will treat bitcoin as “property, not currency,” making it taxable as such. The first position of the IRS described in the draft circular issued in January this year. The… More