Shlomi Vaknin & Co. Law Firm

The New Voluntary Disclosure Procedure (2026)

December 29, 2025

The Window of Opportunity Is Open: The Only Way to Legitimize Crypto Profits, Offshore Accounts, and Unreported Rental Income Without a Criminal Record

The Israel Tax Authority has launched a new and rare Voluntary Disclosure Procedure, allowing for the first time in years to declare unreported assets and receive full immunity from criminal prosecution. In this episode, Amir Davidov, Head of the Professional Division at the Israel Tax Authority, reveals all the critical details: Who is eligible for the procedure? (with emphasis on crypto holders who are "locked out" and holders of offshore accounts), what are the expedited (green) tracks for lower amounts, and how taxes can be paid even when Israeli banks refuse to accept the funds. This is the complete guide for CEOs and investors who want to sleep soundly and clear the slate before August 2026.

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