Voluntary Disclosure for Crypto Investors

Many crypto investors in Israel live under the false impression that they are "under the radar." This is a dangerous illusion. The Israel Tax Authority currently receives ongoing information from overseas exchanges, banking systems, and international information exchange frameworks (CRS). The implication is clear: if you made money from Bitcoin, Ethereum, or other coins and failed to report it — you are sitting on a ticking time bomb. The moment the Tax Authority reaches you (and it is only a matter of time), it will not just be a tax debt, but a serious criminal indictment for income concealment, money laundering, and immediate seizure of all your assets.

A "voluntary disclosure" proceeding is the only way to turn money from "black" to "white" and avoid criminal prosecution. The concept involves a proactive approach to the Tax Authority, before an audit or investigation has been initiated in your matter. As part of the process, you declare your gains, pay the required tax, and in return receive immunity from criminal proceedings. This is your exit ticket from the criminal world to the legitimate one, allowing you to freely use your money to purchase property, vehicles, or investments — without fear.

Due to the difficulty of calculating the tax (numerous transactions and conversions) and the challenge of convincing the bank to accept the funds after tax payment. We specialize in managing the process from start to finish:

1. Anonymity: Filing an initial application without disclosing the client's name, to assess feasibility and tax liability.

2. Optimal Calculation: Utilizing crypto-specialist CPAs to analyze the blockchain and offset losses to minimize tax liability.

3. The Day After: We don't just leave you with a payment voucher; we accompany you vis-à-vis the bank to deposit the clean funds into your account — a process that requires separate legal expertise.