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Category: Taxation

  • Finance C’ttee passes trapped profits taxation bill

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    Investor Empires

    The Knesset Finance Committee approved the major reform in the 2025 budget. After a lengthy campaign against the move by business organizations, a majority of Knesset members in the committee voted in favor of the complex law that will enable the state to collect taxes on an estimated NIS 150…

  • Advanced training fund taxation remains in budget

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    Investor Empires

    The Ministry of Finance published the 2025 budget proposal scheduled to be discussed by the government tomorrow. Including debt repayment, the budget framework is NIS 744 billion. Today (Wednesday), the Ministry of Finance published the 2025 budget proposal, which will be presented tomorrow for approval by the government. The government…

  • South Korean Crypto Gain Taxation May Be Delayed Until 2028 Amidst Investor Concern

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    Investor Empires

    The South Korean government’s plan to implement a 20% cryptocurrency gains tax has faced repeated delays, with the latest proposal suggesting it be postponed until 2028. This potential seven-year delay to South Korea’s crypto tax has sparked debate about the country’s approach to regulating cryptocurrencies and the impact on the…

  • Tax Authority chief heralds crypto disclosure, tech taxation reform

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    Investor Empires

    Yesterday, the Attorney General agreed to publish a new voluntary disclosure procedure that will enable Israelis who have so far hidden their wealth from the state and not paid taxes to file a report and pay the tax they owe without fear of criminal proceedings. This measure is especially suitable…