Israel’s Tax Disclosure Program Falls Short of Expectations

Israel’s Tax Authority launched a voluntary disclosure program offering immunity from criminal prosecution in August 2025, expecting to collect between NIS 2 billion and NIS 3 billion from undeclared cryptocurrency holdings. Eight months later, the program has produced 289 disclosure requests, reported capital of NIS 676.5 million, and estimated tax of just NIS 40.9 million. […] Read The Full Article Israel’s Tax Disclosure Program Falls Short of Expectations On Coin Edition.