Category: Israeli Corporate Tax Planning

19

Jul2017
The Israeli Tax Authority (ITA) published on May 22 a backdated Circular on the implementation of Israel’s FATCA Agreement with the United States of America (Circular 3/2017 dated February 12, 2017). What is FATCA all about? Briefly, the US Congress enacted the Foreign Account Tax Compliance Act ... Read More

19

Jul2017
If you buy the shares of an Israeli hitech company and think you are buying the technology too, think again.  The Israeli merger and acquisition (M&A) scene just took a turn for the worse. An Israeli Court has ruled that double Israeli tax applies if a purchaser ... Read More

19

Jul2017
The world’s tax treaties have just undergone instant plastic surgery. Unfortunately, they aren’t as pretty as they used to be. One of the surgeons in attendance was the Israeli finance minister, Moshe Kahlon. It all happened on June 7 in Paris, when the OECD held a grand ... Read More

06

Apr2017
In most countries, taxpayers know when is their deadline for filing tax returns.  Not in Israel. Monthly Reporting Deadlines: Accountancy circles have recently been buzzing with excitement and trepidation. Most businesses are required to file monthly/bimonthly tax and VAT returns by the 15th day after the end of each month or bimonthly ... Read More

22

Mar2017

22

Mar2017

01

Feb2017
Israel is a lot less taxing than it used to be - and a bit less than many other countries. Following is a summary of the Israeli rates and tax brackets for 2017.   Businesses: The regular company tax rate is 24% The  regular dividend tax rate is 30%-33% for ... Read More

29

Jan2017
 Israeli tax breaks for tech companies have just been clarified and extended, with effect from January 1, 2017, pursuant to Amendment 73 to the Law for the Encouragement of Capital Investments, 1959. It seems sure to further boost the Israeli economy. The amendment comes in the wake ... Read More

27

Dec2016
The Children of Israel in Bible times sat in Succot and ate Manna from Heaven. Modern Israelis sit in air conditioned offices and receive shares (Meniot), share options and restricted share plans from their employers. Below is an update regarding recent Israeli tax rulings relating to share ... Read More

26

Dec2016
One of the major tax concepts Israeli inherited from Britain is "control and management".If the business of a company is controlled  and managed in Israel, the company will generally be Israeli resident and taxable on its worldwide income and gains for Israeli tax purposes. This corresponds to the ... Read More

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