According to the
new law, effective in October, any banking sector salary above 2.5 million
shekels a year — or 35 times the gross income (or 44 times net income) of the lowest paid worker or contractor — will incur both corporate and employee income taxes on the overage.
The local ecosystem for «blockchain startups» is thriving with many
new entrants, and even the government is thinking about possibly joining the action with a
new crypto
shekel.