israel tax authority

Stacks of Israeli shekel notes [Illustrative]
Your Taxes: Israel Tax Authority’s view on debt versus equity

The Israel Tax Authority's circular on founders’ shares is important for multinational corporations with Israeli subsidiaries, among others.

By LEON HARRIS
05/12/2019
money
Keep out of the Tax Authority’s bad books

If you are part of a multinational group that wants to use a bona fide international accounting system, you must apply to the ITA for a special dispensation.

By LEON HARRIS
23/08/2018
Calculating taxes
Tax chief: Israel has become world's laxest tax haven

"We have yet to find a single country in the world with a similar law."

By ELA LEVI-WEINRIB/ GLOBES
27/02/2018
The Constitution, Law and Justice Committee approves a bill.
Knesset panel advances revolutionary bankruptcy legislation

Bill emphasizes overall economic gains over liquidation and punishing debtors.

Your taxes: The new tax year

If your tax planning is at odds with an Israel Tax Authority position, you must tell them so they know where to start a tax audit.

By LEON HARRIS
09/01/2018
US tax form
Your taxes: ITA lifts veil on personal-service companies

These are complex rules that will affect the Israeli SME sector, and they appear to differ from some of the tax-reform measures just enacted in the United States.

By LEON HARRIS
26/12/2017
Israel's high-speed trains will race 100 mph along a network of eight bridges and six tunnels that c
Israel plagued by pollution, corruption

Israel's comptroller reported on the faulty infrastructure creating a threat through out the state.

Coca-Cola bottle
Coca-Cola owes Israeli Tax Authority huge sums of money

Coca-Cola failed to convince the Israeli Tax Authority that payments to the Irish company should not be taxed as "royalties."

By ELA LEVI-WEINRIB/ GLOBES
17/10/2017
Netafim
Drip irrigation, jewel of Israeli tech, sells for $1.5b

As part of the deal, the parties said they have agreed to maintain Netafim's core activity in Israel, including continued production and R&D activity, for at least the next 20 years.

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