Category: Israeli Exempt Companies

30

Sep2015

Your taxes: Renting out 28 properties – active or passive?

Leon Harris How many homes can an investor own and still qualify for lower tax rates for passive income in Israel? Until recently, it was generally assumed that rental income from a handful of homes – say 5 or 6 -  may be considered passive, but any more may result in the ... Read More
September 30, 2015Leon Harris

30

Sep2015

Bill to reduce the use of cash

On July 22, the Israeli government published a Bill entitled "Proposed Law to Reduce the Use of Cash" in an effort to tackle the black economy. Some of the proposals are far-reaching as summarized below. What is Proposed? According to the Bill, "cash" means Israeli banknotes and coins, and foreign currency. According to ... Read More
September 30, 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
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