Category: International Tax Planning

11

Nov2014
On November 5 the Israeli Tax Authority (ITA) announced that the Haifa District Court had lifted a gag order on a Swiss Bank affair that had been under wraps since June 26. According to the announcement, the ITA had been running an undercover investigation on Swiss bank accounts held by Israelis. ... Read More

23

Sep2014
Fragmented balances below $250,000 held by entities may proliferate. And individuals will check where they have identity numbers and telephone numbers, among other things.... The world is getting smaller. Hidden cash far away will soon be more transparent and seemingly nearer. On February 13 the OECD unveiled a Common Reporting and Due ... Read More

22

Sep2014
  In 2011, Israel passed a law allowing angel investors to claim a deduction for Israeli tax purposes for investments in certain Israeli hi-tech startups.   However, the conditions are so onerous that this incentive has not proved successful. Consequently, modifications are now proposed. The present law According to the Economic Policy Law for ... Read More

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