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Israel crypto tax plan misses target as reporting gap widens – TON BOT

Israel crypto tax plan misses target as reporting gap widens

Israeli tax authorities have received significantly fewer corrections for crypto taxes than anticipated under a voluntary disclosure program offering criminal immunity to eligible taxpayers. Only 58 filings have been made, covering $50 million in crypto capital, far below the expected $1 billion in revenue. The lack of an anonymous first stage may be deterring crypto holders from participating.


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