Category: Israeli Personal Tax Planning

30

Sep2015
Leon Harris Filling in tax returns is never a pleasure, but when it comes to annual deadlines, Israel is relatively civilized. There is no mad rush to file by April 15, unlike the situation in the United States, for example. On May 15, 2015, the Israeli Tax Authority (ITA) announced extended deadlines ... Read More
September 30, 2015Leon Harris

30

Sep2015
Leon Harris Forms are important and should be respected. Sometimes legislation drives the forms, sometimes they drive the law by stretching its meaning. There is no shortage of Israeli tax forms. As it is the tax return season, we discuss below two forms which usually take far longer than expected to ... Read More
September 30, 2015Leon Harris

30

Sep2015
Leon Harris 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 Prevent Money Laundering and the ... Read More
September 30, 2015Leon Harris

30

Sep2015
Leon Harris The rules are complex. In principle, Israeli resident individuals over 18 must file a tax return unless they are eligible for a filing exemption. In some countries, including the US and the UK, virtually everyone has to file an annual tax return. Here in Israel, to make things easier for ... Read More
September 30, 2015Leon Harris

30

Sep2015
Leon Harris & Bryan Choritz   In this week’s Torah portion, Jethro, we read how Moses,  set up an hierarchical court system in the desert, in order to best hear disputes and judge matters between people. It is doubtful however, that he needed to adjudicate on the VAT implications of supplying a Sefer ... Read More
September 30, 2015Leon Harris

25

Jun2015
Your Taxes: Filing Deadlines For 2014 Tax Returns Leon Harris Filling in tax returns is never a pleasure, but when it comes to annual deadlines, Israel is relatively civilized. There is no mad rush to file by April 15, unlike the situation in the United States, for example. On May 15, 2015, the ... Read More
June 25, 2015Leon Harris

30

Apr2015
The rules are complex. In principle, Israeli resident individuals over 18 must file a tax return unless they are eligible for a filing exemption. In some countries, including the US and the UK, virtually everyone has to file an annual tax return. Here in Israel, to make things easier for some, ... Read More
April 30, 2015Leon Harris

12

Mar2015
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). The Circular was eagerly awaited as ... Read More
March 12, 2015Leon Harris

09

Feb2015
In this week’s Torah portion, Jethro, we read how Moses,  set up an hierarchical court system in the desert, in order to best hear disputes and judge matters between people. It is doubtful however, that he needed to adjudicate on the VAT implications of supplying a Sefer Torah - a Jewish ... Read More
February 9, 2015Leon Harris