“The consequences can be severe. The tax authorities can initiate civil and criminal proceedings if they discover unreported income or assets” – Adv. Doron Levy warns about the potential penalties for not reporting cryptocurrency income, discussing on TechBullion the increasing scrutiny from tax authorities and the risks of hefty fines or even imprisonment.
How Israel Plans to Tax Emigrants – Tax Lawyer Doron Levy
In this video, Doron Levy explores Israel’s strategy to tax former residents’ dividends and assets, questioning the proposed legislation’s effectiveness. https://youtu.be/-_7L0ftS5ZE?si=kY6UfShWlvtm1BT6
