Israel: Draft regulations on withholding tax for digital asset transactions

Regulations proposed to become effective July 1, 2025

Share
February 20, 2025

The government proposed draft regulations on withholding tax for digital asset transactions, including cryptocurrencies, tokens, and non-fungible tokens (NFTs), set to become effective July 1, 2025, pending approval.

Key measures include a 25% capital gains tax for individuals (23% for entities), rules for offsetting capital losses, exemptions for foreign residents, and reporting requirements.

For more information, contact a KPMG tax professional in Israel:

Elad Frohlinger | efrohlinger@kpmg.com

Oren Even | oasulin@kpmg.com

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP\'s . Privacy Statement

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline