Internet Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin

The Israeli high-tech sector is currently undergoing a severe talent squeeze, with companies having to compete over employees with higher salaries, stock options and better perks. One such company might have found a new way to attract and retain tech-savvy… Continue Reading

Israel Tax Authority Hunts for Bitcoin Traders on Social Media

Various local branches of the Israel Tax Authority have sent out letters to those they suspect are trading bitcoin without reporting it. The tax agency demands in those letters that the recipients will divulge all of their involvement in the… Continue Reading

Israel Tax Authority: Bitcoin is Property, Not Currency

Israel Tax Authority issued a professional circular on February 19 (4 Adar 5768), clarifying the country’s tax policy on cryptocurrencies in general and bitcoin in particular. “Bitcoin and its like” are discussed in what’s referred to as a “final circular”… Continue Reading