Israeli Lawmakers Support Removal of Crypto Capital Gains Tax for Foreigners

“Until now, workers in the crypto industry had to pay double the tax on their options than workers in the traditional high-tech industry. Furthermore, foreign investors in the blockchain industry were not entitled to the same benefits as investors. In the traditional high-tech industry, Ilouz said in a press statement. “The object of this law amendment is to balance the position and eliminate discrimination in taxation.”