Category: Israeli Corporate Tax Planning

07

May2015

KYC Coming to Israeli Lawyers and Accountants

KYC Coming to Israeli Lawyers and Accountants Israeli lawyers and accountants will have to start applying "Know Your Customer" (KYC) procedures before accepting certain assignments, from September 2, 2015. This follows the passing of the Order For The Prohibition of Money Laundering (Duty of Identification and Recordkeeping by Business Service Providers to ... Read More
May 7, 2015Leon Harris

14

Apr2015

YourTaxes: Tax on Foreign Online Companies That Pass Over?

n April 2, the Israeli Tax Authority (ITA) published an aggressive draft Circular aimed at foreign online service companies. Main Issue: In the draft Circular, the ITA seeks to extend its jurisdiction and to start taxing foreign online service companies if their activities have an Israeli link. Currently, the generally accepted principle is ... Read More
April 14, 2015Leon Harris

24

Mar2015

Your Taxes: Proposals To Rebuild REITS Leon Harris

The Israeli Tax Authority (ITA) has just announced that it is working on a draft bill to improve the Israeli tax regime for Real Estate Investment Trusts (REITS). A REIT is a publicly traded entity that enables the public to collectively participate in various types of investments linked to real estate ... Read More
March 24, 2015Leon Harris

09

Dec2014

Your taxes: Trust deadline extended yet again

. Your taxes: Trust deadline extended yet again Leon Harris     This week saw a mystery of sorts. Why did the Israeli Tax Authority extend the deadline for reporting Relatives Trusts on December 25 (Christmas Day!), just six days before the present deadline was due to expire at the end of 2014? How many overseas ... Read More
December 9, 2014Leon Harris
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