Israeli Crypto Investors and Voluntary Disclosure: Adv. Doron Levy Shares Key Insights
In a concise video, Adv. Doron Levy delves into Israel’s voluntary disclosure program, focusing on the role of cryptocurrency. He emphasizes that crypto’s independent ecosystem bypasses typical banking frameworks, which reduces reporting to the Israel Tax Authority (ITA). With crypto gaining value, the ITA is trying to close the gap in tax compliance within this […]
Are Tax Benefits for Immigrants Here to Stay?
Tax Lawyer Doron Levy explores the impact of tax incentives aimed at wealthy immigrants. Countries like Israel and Italy offer attractive exemptions, but the UK’s decision to end its non-domicile status signals a shift in tax policy. Levy highlights how wealthy individuals may flee London for more tax-friendly jurisdictions, raising the question: Will other countries […]
From TechBullion: Understanding Israeli Cryptocurrency Taxation with Doron Levy
In an interesting article from TechBullion, Tax lawyer Doron Levy provides an overview of Israel’s approach to cryptocurrency taxation, detailing the capital gains tax rules and how they apply to crypto transactions, ensuring individuals are fully informed of their obligations: “Israel has established clear rules for taxing cryptocurrency transactions. The ITA treats cryptocurrency as a […]
Can Israel’s Exit Tax Law Stop Tax Evasion?
Tax lawyer Doron Levy questions whether Israel’s proposed changes to its exit tax laws will pass the Knesset and whether they will prevent emigrants from evading taxes. https://youtu.be/-_7L0ftS5ZE?si=kY6UfShWlvtm1BT6
Video: The Hidden Tax Pitfalls of Relocating from Israel to the U.S. | Adv. Doron Levy
Relocating from Israel to the United States might seem straightforward but can lead to unforeseen tax complications. Tax lawyer Doron Levy highlights the risk of double taxation when selling property after obtaining U.S. residency. Israel’s exit tax on gains made while living there may conflict with U.S. tax laws, as the U.S. does not recognize […]
Lawyer Doron Levy Sheds Light on Tax Residency for Israelis
Navigating tax residency can be daunting. In this interview, Doron Levy offers clear guidance for Israeli taxpayers, explaining the rules and their potential consequences: “Israel’s approach is entirely consistent with global practices. Many countries adopt residency as the primary personal connection for tax purposes”.
Video: Preparing for Tax Changes When Leaving Israel | Tax Lawyer Doron Levy
Get expert advice from tax lawyer Doron Levy on how to prepare for tax changes when leaving Israel. This video covers the necessary legal and financial preparations to ensure compliance and avoid surprises. https://youtu.be/6-zs9cVegfI?si=97x82FNd6uYsOpBy
Tax Lawyer Doron Levy: Understanding Voluntary Disclosure on Cryptocurrency
In this informative video, tax lawyer Doron Levy explains the complexities of retroactively calculating taxes for undeclared cryptocurrency income. He discusses how different interpretations and currency rates are crucial in determining the final tax amount. By examining a hypothetical case of voluntary disclosure, Adv. Levy underscores the importance of consulting with experienced tax professionals to […]