Tax Authority Aims at Fictitious Invoices, Cryptocurrency

YERUSHALAYIM – Monday, October 18, 2021 at 1:49 pm | י”ב חשון תשפ”ב Eran Yaacov, Director Normal of the Israel Tax Authority. (Yonatan Sindel/Flash90) Israel’s Tax Authority will proceed its efforts to rid the nation of the scourge of fictitious invoices, which accounts for a big chunk of the black economic system, regardless of failing to include […]

Income tax implications of cryptocurrency ‘staking’

After years on the fringes of the monetary world and wild swings in worth, cryptocurrency has change into more and more accepted as a monetary asset and as a way of cost. Whereas the expertise behind cryptocurrency has continued to evolve quickly, steering on the tax remedy of cryptocurrency has moved rather more slowly. The […]