Tax lawyer Doron Levy outlines the significance of confidentiality in voluntary disclosure, especially in the rapidly evolving field of cryptocurrency, and how legal protection is paramount in negotiations with tax authorities (From TechBullion): “When you approach the tax authorities with voluntary disclosure, you do so on the condition of anonymity. Your lawyer acts as a buffer between you and the authorities, allowing for protection during negotiations because all the information you give your lawyer is privileged and confidential by law”.
Avoiding Penalties: Adv. Doron Levy on Voluntary Disclosure and Crypto Tax Compliance
November 17, 2024
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In a recent video, Adv. Doron Levy highlights Israel’s voluntary disclosure approach, particularly regarding cryptocurrency. He points out that crypto operates outside conventional banking channels,
