Latest News; Israel Trims Crypto Trading Profits Tax

in #crypto6 years ago

https://www.marketsmedia.com/israel-trims-crypto-trading-profits-tax/

“The declaration has an impact not only on Israel but also marks a milestone for the way the tax authorities look at the Crypto industry. Such a step would save tens of millions of dollars on the one hand and, on the other hand, increase the profit of hundreds of millions of dollars in the country,” he continued. “New technological means allow extracting information from Blockchain directly. Thus, you can track the date of purchase of each currency specifically and make the exact tax calculation according to when each currency was bought and sold. In this way, the exact profit can be calculated rather than using profit estimation methods such as FIFO.”

Sort:  

Congratulations @allisgood! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

You can upvote this notification to help all Steemit users. Learn why here!

Dear allisgood:

We are SteemBet, the next generation STEEM based gaming platform. We are honored to invite you to join our first fantastic dice game, which is just the beginning of SteemBet game series. Our dividend system has now launched. The prize pool has already accumulated 2,000 STEEM and more than 60 players have participated in staking mining token SBT. A huge reward of 40,000 STEEM is awaiting! Join us NOW with other 500 STEEM users to loot HUGE dividend reward!!

SteemBet Team

Official Website
https://steem-bet.com

Discord Server
https://discord.gg/95cBN3W

Telegram Group
https://t.me/steembet