you. Many other countries have similar but not identical rules. This case summarizes for us what is legitimate Israeli tax planning and what isn’t.
Having had his eye on the tax’s cancellation for a while, Smotrich has moved to follow through on his goal, and will likely target a tax on soft drinks next.
If your tax planning is at odds with an ITA position, you must tell them on Form 146 so they know where to start a tax audit.
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