Shibolet’s Tax Practice presents creative taxation solutions for a number of innovative fields, constantly adapting its activities to the needs of an ever-evolving global market. The practice specializes in successfully conducting its work under shifting regulatory and legislative conditions, keeping pace with rapid technological changes. Our attorneys have become market leaders in blockchain, cryptocurrencies, and smart contracts, to the extent of pioneering processes with the Israel Tax Authority to regulate the associated tax aspects.
Among other activities, the practice has handled favorable tax and valuation arrangements for companies dealing in blockchain and cryptocurrencies, including companies that have issued cryptocurrencies, either themselves or through other companies. In addition, we have dealt with tax-efficient schemes for employees and founders who have been compensated with cryptocurrency.