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Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law

Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale of Digital Currencies) bill in the Israeli […] The post Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law appeared first on Bitcoin News. дальше »

2020-9-26 02:00


Israeli Draft Bill Proposes Bitcoin be Defined as Currency to Cut Down the Hefty Capital Gain Tax

Four members of the Knesset, Israel’s legislative body, from the Yisrael Beiteinu faction, the secular nationalist political party, have submitted a private member’s bill seeking to amend the taxation of crypto-related activities so that the sale of bitcoin and crypto-assets isn’t subject to 25% capital gains tax, as per local media reports. дальше »

2020-9-25 19:52