Tag: Israel Bitcoin

bitcoin tax
February 19, 2018 BY LeapRate Staff

Israel to tax Bitcoin as an Asset, not a Currency

The Israel Tax Authority, Israel's version of the IRS, has issued a circular detailing its position on Bitcoin and other virtual currencies. Effectively, the Tax Authority divided its opinion into two parts, with varying treatment to those who buy Bitcoin or other virtual currencies as an investment, versus those who trade actively or offer brokerage services…

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