Israeli banks refuse to accept deposits from crypto investors 2 октября, 2021

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Israeli banks refuse to cryptocurrency investors in placing funds from digital assets obtained in their accounts.

According to Haaretz, local cryptoinvestors cannot pay for the tax, since financial institutions fear that revenues from virtual currencies are associated with money laundering and other illegal activities.

In Israel, cryptocurrencies have no legal status, so income from operations with them are taxed capital gains of 25% for individuals and corporate tax of 47% for legal.

The combination of these two factors leads to the fact that investors are not able to pay the state the necessary amount, since in fact they cannot bring shekels from the platforms due to the refusal failure to accept deposits.

The Tax Service of Israel knows about the current situation, but for non-payment of debt is obliged to arrest property. Although some have a lawsuit against their bank to get a delay until a decision is taken on it.

Alternative options for finding a deposit involve participation in illegal schemes or movement of funds through investment firms with high fees.

Recall that the Financial Regulator of the UK is recently

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This entry was posted on Суббота, 2 октября, 2021 at 7:06 пп and is filed under alien-friend, architectonic, bookin, booter, chokein, dendrological, emulsive, fordo, milage, nomen, otiose, prion. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.