“Even clients of the Swiss bank Credit Suisse received a preferred list of lawyers and accountants to perform ” voluntary disclosure ” procedures – […]
A. GENERAL The Tax Authorities are interested in encouraging tax-payers, dealers, individuals and functionaries in enterprises of whom violated the tax laws, to correct […]
As you know, after introducing of amendment #168 of 01.01.2007 into Israeli law on income taxation, the new immigrants and citizens who have returned […]
About a month ago, we published the second article about the possibility given to Israeli residents who hold assets overseas which were not declared […]
Following Amendment 132 of the Income Tax Ordinance which came into force on 01.01.2003, Israel’s tax system has become a “Personal”, according to which […]
In September 2014, the Israeli Tax Authority published a Voluntary tax compliance protocol, which grants immunity from criminal prosecution on tax offenses, for applicants […]
The president of the Israeli Diamond Exchange in Ramat-Gan, Mr. Yoram Dvash, announced on the 13/3/16 to the members of the Israel Diamond Exchange […]
Lior Pick, Adv. (C.P.A. (Isr.)) TEP It is a known fact that 132nd amendment of the Income Tax Ordinance (further referred to as “the […]
SUMMARY General legal background for the automatic exchange of information Overview of the US automatic exchange of information: the FATCA Rule The voluntary disclosure […]
On 11.19.2014, the Supervisor of Banks issued a draft of instructions concerning foreign residents’ banking activities. The provisions shall apply to all corporations in […]
