Over the past year, alongside handling the economic repercussions of the war and issuing financial assistance to war victims and to evacuees, the courts, the legislative authority and the Israel Tax Authority continued their...more
10/10/2024
/ Amended Legislation ,
BEPS ,
Corporate Taxes ,
Income Taxes ,
Israel ,
Ministry of Finance ,
Multinationals ,
OECD ,
Property Tax ,
Tax Authority ,
Tax Rates ,
Tax Reform ,
Trusts ,
Value-Added Tax (VAT)
In a bold step, the Haifa District Court rejected the Israel Tax Authority’s position on a company’s repurchasing of shares, and in effect split with a ruling of the Tel Aviv District Court, who considered a similar issue...more
Hedge funds are generally entities that are managed by investment managers, in accordance with certain investment strategies, in order to invest in financial assets and generate returns for the hedge funds’ investors....more
In light of the coronavirus pandemic affecting the economic market, the Israel Tax Authority has published several reliefs for taxpayers as part of preparations for fighting the virus and to assist taxpayers dealing with the...more
The Tel Aviv District Court handed down a decision a few days ago rejecting the Israel Tax Authority’s (ITA) position on the conveyance of real estate properties to trusts. This decision dramatically changes the taxation of...more