Leon Harris
They say you should never ask a kitbag question, which is a question you may not like the answer to.
It seems that is what happened when someone asked the Israeli tax Authority a question about a Lichtenstein Establishment and got an unfortunate tax ruling in response (6893/15, published February ... Read More
Category: General Business
19
May2015
Leon Harris
Forms are important and should be respected. Sometimes legislation drives the forms, sometimes they drive the law by stretching its meaning. There is no shortage of Israeli tax forms. As it is the tax return season, we discuss below two forms which usually take far longer than expected to ... Read More
May 19, 2015Leon Harris
11
May2015
You are invited to an informative evening
on
BUYING PROPERTY & INVESTING IN ISRAEL
in association with the Jewish Agency For Israel
Monday 18th May8-10pm.
JW3 @ Ivy House LJCC
96 North End Road
London NW11 7SX
Presented By RAEL GOODMAN - Head of Jewish Agency For Israel UK Delegation
Speakers in from Israel
----------------------------
Nicole Levin Israeli Real Estate Lawyer
Proprietor ... Read More
May 11, 2015Leon Harris
07
May2015
KYC Coming to Israeli Lawyers and Accountants
Israeli lawyers and accountants will have to start applying "Know Your Customer" (KYC) procedures before accepting certain assignments, from September 2, 2015.
This follows the passing of the Order For The Prohibition of Money Laundering (Duty of Identification and Recordkeeping by Business Service Providers to ... Read More
May 7, 2015Leon Harris
01
Apr2015
Recent reports suggest the next government might consider legislating an estate tax, perhaps at the rate of 25% on estates over NIS 10 million. Few details are known, but what if it does happen? At present there are more questions than answers. Below we attempt to review the questions and ... Read More
April 1, 2015Leon Harris
09
Mar2015
Leon Harris
On February 6, the OECD announced that multinational groups with a turnover above EUR 750 million must start Country by Country reporting in their countries of residence in 2016. This simple procedural requirement is sending shock waves round the international business community.
Background
The OECD is spearheading a concerted effort to ... Read More
March 9, 2015Leon Harris
09
Feb2015
In this week’s Torah portion, Jethro, we read how Moses, set up an hierarchical court system in the desert, in order to best hear disputes and judge matters between people.
It is doubtful however, that he needed to adjudicate on the VAT implications of supplying a Sefer Torah - a Jewish ... Read More
February 9, 2015Leon Harris
09
Nov2014
Your Taxes: Israel to implement tax treaty with Panama
06/25/2014 09:37
With regard to business operations, a resident of one country (e.g., Panamanian company) may be taxed in the other country (e.g., Israel) if it has a “permanent establishment” (PE) in the other country.
An accountant [illustrative photo] Photo: Ivan Alvarado / Reuters
Panama ... Read More
November 9, 2014Leon Harris