“Up until now, workers in the crypto industry had to pay double the tax on their options compared to workers in the traditional high-tech industry. Moreover, foreign investors in the blockchain industry were not entitled to the same benefits as those entitled to investors in the traditional high-tech industry,” Illouz said in a press statement. “This law amendment aims to balance the situation and eliminate the discrimination in taxation.”
Source: https://www.coindesk.com/policy/2023/07/05/israeli-lawmakers-support-axing-crypto-capital-gains-tax-for-foreigners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines