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Last Updated 21/10/2024
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Ask a questionDon’t tackle crypto tax in Israel alone. Whether investing, trading, or doing business in Israel, we have the expert guidance you need to master your crypto tax.
Israel is an emerging player in the crypto space. It has a comprehensive tax framework for individual investors and businesses. From capital gains on cryptocurrency sales to income tax on mining, our experts will keep you compliant with the ITA.
If you want to understand Israel’s crypto tax obligations, there are some key tax types and considerations you need to make, including:
Capital Gains Tax – 25% standard rate.
Income Tax – 10% to 50% dependent on income.
VAT – 17% (private crypto investors are generally exempt on personal crypto transactions).
Tax Type/Consideration | Implication | Notes |
---|---|---|
Crypto Trading | Capital Gains Tax (CGT) applies to profits from buying and selling crypto | CGT rates vary based on individual circumstances and income level |
Crypto Mining | Income Tax applies to crypto earned through mining | Crypto miners may be considered self-employed and subject to additional tax obligations |
Staking & DeFi | Income Tax or CGT may apply, depending on the specific activity and circumstances | Tax treatment of staking and DeFi activities can be complex and requires careful consideration |
NFTs | CGT applies to profits from buying and selling NFTs | NFTs are generally treated as assets for tax purposes |
Airdrops | Income Tax may apply to the value of crypto received through airdrops | Tax treatment of airdrops can vary depending on the circumstances |
Crypto Payments | Businesses accepting crypto payments may need to account for VAT and potential CGT | Businesses should consult with a tax advisor to guarantee compliance with VAT and other tax obligations when accepting crypto payments |
Crypto Payroll | Paying employees in crypto triggers PAYE and National Insurance obligations | Businesses need to ensure proper payroll tax withholding and reporting when paying employees in crypto |
Record Keeping | Maintaining accurate records of all crypto transactions is crucial for tax compliance | HMRC requires individuals and businesses to keep detailed records of their crypto transactions, including dates, amounts, and types of transactions |
Reporting | Crypto transactions need to be reported on Self Assessment tax returns or Company Tax Returns | Individuals and businesses must declare their crypto gains and losses on their tax returns |
Loss Relief | Losses from crypto transactions can potentially be offset against gains for tax purposes | Specific rules apply to claiming loss relief for crypto transactions |
Tax-Efficient Strategies | Various strategies can help minimise crypto tax liabilities | Consult with a crypto tax advisor to consider tax-efficient strategies, such as utilising tax allowances, claiming allowable deductions, and considering the timing of transactions |
If Israel’s crypto laws are too much, we’ll connect you with the crypto pros who know their stuff and will keep you compliant and your tax burdens low.
We’ve made it easier than ever to connect you with an expert crypto tax advisor:
Use our simple online contact tool to tell us the basics, such as your crypto holdings and transactions and any concerns you have.
With the help of our intelligent matching system, we’ll connect you with a crypto tax advisor best suited to your case.
Once matched, your expert advisor will offer a personalised tax strategy to help you maximise your Israel crypto tax savings.
Get crypto tax solutions that work for you – whether to reduce your capital gains, manage VAT, or optimise your overall tax strategy.
Trust Tax Natives to deliver results that keep your taxes low and compliance high.
Let our experts help you manage your personal crypto investments with solutions that suit you best.
Capital gains advice – Make sure your crypto transactions stay in line with the Israel Tax Authority (ITA) guidelines when it comes to gains from trades, swaps, and disposals.
Income tax advice – We’ll help you understand Israel’s unique tax rules when it comes to your taxable crypto income from staking, mining, airdrops, and more.
Crypto inheritance tax – Safeguard your crypto assets and ensure they are transferred efficiently and with minimal tax liabilities for your heirs.
ITA crypto tax investigations – If you’ve been flagged for an audit by the ITA, our advisors are experts in managing tax investigations and will work to address queries.
Crypto and foreign incomes – Make sure your foreign crypto and cross-border tax obligations are reported properly to prevent double taxation problems.
We also offer businesses in and outside of Israel a number of corporate crypto tax services to help their bottom line and lower tax liabilities.
Payments and VAT – Get guidance on how to manage VAT when selling your goods or services, and verify you’re applying the correct rates.
Payroll and employment taxes – Get help understanding ITA regulations on how to structure and report crypto wages so you stay compliant with employment law in Israel.
Crypto assets and company income tax – We help large businesses adhere to ITA regulations so your transactions are correctly accounted for.
Crypto trading and investment tax – Get detailed advice on reporting your transactions under Israeli law, helping to reduce your tax liabilities.
Compliance and reporting – We help keep your company in line with reporting standards, including the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS).
Tax Natives is your trusted partner for mastering Israel’s crypto tax scene. Whether you’re a crypto trader, investor, or business, our expert advisors will make simple work of your problem.
Tax Natives is here to help you take control of your Israel crypto tax situation. So, whether you trade, invest, or mine, our expert advisors will make light work of your problem. No more guesswork, just straightforward advice.
Choose Tax Natives for personalised strategies, transparent pricing, and a network of professionals who understand Israel’s crypto landscape inside and out.
We offer real solutions that help you stay compliant and save, including:
Israel-specific expertise – Access a network of top chartered tax advisors who specialise in Israel’s crypto tax laws.
Personalised, proactive advice – Match with the ideal advisor who can offer customised guidance on your portfolio.
Transparent, affordable pricing – Get the best value for your tax planning with competitive, transparent pricing.
Want to dive deeper into the world of crypto in Israel?
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Get in touch now and connect with one of our trusted professionals for the peace of mind of knowing your crypto investments are working hard for you.
Whether you need help with tax reporting, VAT on your payments, or structuring your assets for the long term, we’ve got what you need.
Tax Natives is an international tax network that connects Explorers (taxpayer clients) with Natives (qualified and regulated tax advisers) from one jurisdiction to another.
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Once your question is confirmed and your account is set up, navigate to your user dashboard to view the message exchange between you and your Tax Native.
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In Israel, cryptocurrencies are considered assets, not currencies. This means that profits from selling, exchanging, or trading crypto are subject to Capital Gains Tax (CGT), typically 25% for individual investors.
If you’re actively trading, mining, or receiving crypto as income (e.g. staking or airdrops), these activities are taxed as Income Tax between 10% and 50% depending on income.
Finding a qualified crypto tax advisor in Israel is simple with Tax Natives. Our platform matches you with a trusted expert who specialises in Israel’s crypto tax laws and can provide custom advice based on your needs.
You should choose Tax Natives for your Israel crypto tax needs because we’ve got everything you could ask for!
We offer a network of professionals who give personalised, proactive advice to keep your investments, trading, and business activities fully compliant with the ITA – all while reducing your tax liabilities!
Are you ready to simplify your crypto tax obligations and maximise your savings in Israel? Our expert advisors at Tax Natives are here with personalised, cutting-edge guidance.
Don’t wait for tax season stress – get in touch now and secure the peace of mind from knowing you’re fully compliant and saving big on your crypto taxes.
Get in touch today and take back control!
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