Bitcoin Will Be Taxed as an Asset: Israel Tax Authority

in #steemit • 7 years ago

The post Bitcoin Will Be Taxed as an Asset: Israel Tax Authority appeared first on CCN
Israel’s official tax authority has confirmed that cryptocurrencies like bitcoin will be taxed as an asset with investors subject to capital gains tax. In an updated circular released on Monday, the Israel Tax Authority doubled down on its previous position of deeming cryptocurrencies as ‘assets’ rather than currencies. The authority first issued an early official
The post Bitcoin Will Be Taxed as an Asset: Israel Tax Authority appeared first on CCN

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7 years ago in #steemit by
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