Israel’s Tax Body Aggressively Pursuing Cryptocurrency Tax Evaders

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Bitcoin Will Be Taxed as an Asset: Israel Tax Authority

The tax-collection company of Israel is focusing on cryptocurrency merchants and traders in an aggressive push geared toward stemming tax evasion. According to the monetary every day Calcalist, the Israel Tax Authority (ITA) has taken stern measures geared toward nabbing these suspected of not reporting beneficial properties made out of cryptocurrency investments and buying and selling. Some of the measures taken … Continued

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