Leon Harris     Introduction: In July 2013, the Knesset legislated major changes to the Israeli tax regime (Income Tax Ordinance Amendment 197).   Nearly two years later, the Israeli Tax Authority (ITA) issued a Circular which clarifies certain aspects of the Amendment (Supplement 1 to Circular 1/2010, dated March 10, 2015).   Amendment 197: Amendment 197 seeks to ... Read More

Leon Harris The Israeli Tax Authority has just issued a much needed "green channel" procedure for handling and approving share options in private companies. Share option plans are very popular in the Start-Up nation in the tech sector and many other sectors. The idea is that part of an employee's compensation package ... Read More