Israel tax authority
Your Taxes: Two permanent homes and a double life? Problematic
The case mainly concerns a husband who was born in Israel in 1948, traveled to England in 1985, and to Nigeria in 1993, where he set up successful agricultural and chicken-breeding companies.
Gov't call center quality falls, public service scores climb, digital access rises, audit finds
Four children admitted to Jerusalem hospital with unspecified illness, investigation is ongoing
Azerbaijani ship officers arrested in NIS 7 million cigarette smuggling bust
Tax Authority director: We will demand customer accounts info from banks
Speaking at the annual conference of The Chamber of Insurance Agents in Eilat, Yaacov said that in the new Arrangements Law, the ITA will propose reforms to handle illegal capital.
Tax Authority contacting 19,000 citizens to check eligibility for tax returns
The letters were sent to citizens who, after their payslips from 2016 were examined, are entitled to refunds.
Israeli real estate: When is a trust a bad idea?
When doing succession planning for Israeli real estate, the choices may include using a trust, a nomineeship, an entity or direct bequests to the heirs. Each has pros and cons.
Beware split real estate deals in Israel - the Tax Authority may notice
We can only guess what the taxpayer planned, but the ITA taxed the overall deal their way and the District Court ruled in the ITA’s favor.
Court: Transfer of Israeli real estate into trust can be taxed - comment
The Supreme Court’s ruling affects anyone who transferred or is considering transferring real property in Israel into a trust, or in the event he is a beneficiary in such a trust.
Israelis unable to work amid security lockdowns to receive financial compensation
The Finance Minister has doubled down on his prior promise to compensate any worker who has lost income due to rocket fire.
Israel bans use of cash for purchases larger than NIS 6,000
Cash deals exceeding 6,000 NIS will be illegal, as part of the effort to fight against money laundering and criminal activity.
Former Mossad head to receive tax refund of NIS 100,000
The tax authority initially refused to grant the application, so a class action lawsuit was filed in March 2018. Shavit's accountant drew his attention to his right to a refund.
Israel has a new stealth tax on digital products - what you need to know
This affects international exporters and Israeli importers of digital products.
Corona grant repayments to the Israeli Tax Authority - opinion
The grants were a desperately needed lifeline for many Israeli businesses