Israel Tax Authority: Bitcoin is Property, Not Currency

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Israel Tax Authority: Bitcoin is Property, Not CurrencyIsrael Tax Authority issued a professional circular on February 19 (4 Adar 5768), clarifying the country’s tax policy on cryptocurrencies in general and bitcoin in particular. “Bitcoin and its like” are discussed in what’s referred to as a “final circular” on crypto and value-added tax (VAT) along with capital gains. Also read: Switzerland Enacts ICO Guidelines […]

The post Israel Tax Authority: Bitcoin is Property, Not Currency appeared first on Bitcoin News.

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