The Israel Tax Authority's circular on founders’ shares is important for multinational corporations with Israeli subsidiaries, among others.
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.
"We have yet to find a single country in the world with a similar law."
Bill emphasizes overall economic gains over liquidation and punishing debtors.
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.
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.
Israel's comptroller reported on the faulty infrastructure creating a threat through out the state.
Coca-Cola failed to convince the Israeli Tax Authority that payments to the Irish company should not be taxed as "royalties."
The suspects are based in Romania and Poland.
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.