The new procedure will be in effect until the end of 2019.

The Court pointed to case law holding that there is no requirement that payments be classified in the same manner by both payor and payee, or in this case, by both employer and employee.

The Court pointed to case law holding that there is no requirement that payments be classified in the same manner by both payor and payee, or in this case, by both employer and employee.

The explosion of e-commerce in the last 15 years has made it easier than ever to manage the logistics of doing business in multiple countries.

A few weeks ago, the ITA published a new circular which provides guidelines for the taxation of foreign corporate entities operating in Israel via the internet.

There is no importance for this purpose whether the non-compete was paid exactly in the end of the employment relationship or at a later point of time. However, the employee has the right to try refuting this presumption.

For many years, Israel has not taxed Israeli residents on any distributions they received from trusts created by a U.S. person with a U.S. trustee unrelated to the beneficiaries; beneficiaries were not even required to report such distributions.

The Israel Tax Authority (ITA) published a draft circular today about a sale of rights in a corporation when a portion of the consideration is paid to the seller at a future date.

The Israel Tax Authority published a tax ruling given by it recently that sheds light on the existing ambiguity when classifying proceeds from a sale of shares of a company...

According to recently released data, In 2015 about 128,000 tourists visiting Israel rented apartments through Airbnb.

The District Court of Lod accepted the position of the Israeli Tax Authority and reassessed the value of a transaction to sell all of the intellectual property of a company that was entered into after the sale...

As part of the global tax competition, Israel has decided to join a large number of countries and to gradually reduce its tax rates on both individuals and companies in order to attract foreign investments and business enterprises.

The primary purpose of the Sale Law (Apartments) (Assurance of Investments of Apartments Purchasers) (the "Act") is to secure the consideration paid by purchasers by granting them various securities.

Following the Ministry of Finance's repeated announcements in recent years that it would publish the Israel Tax Authority's official position with regard to taxation of virtual currencies...

As to the Holdback Payments, the Circular reflects an approach that is similar to the approach applied in the Tax Decision.

The Israel Tax Authority ("ITA") is promoting legislation that will require foreign companies not subject to the Israeli tax regime today to report and even pay tax in Israel.

The legitimate IRS Form W-8BEN, does not ask for any of that information.

The Harding judgment dealt with an Australian citizen, married with children who received a job offer from a British company stating that he will be stationed in the Middle East.

Following the spread of the Coronavirus in Israel, the Israel tax authorities have published special helpful guidelines regarding the taxation of company car benefits as it pertains to employees...

The diamond and precious stones sector for a long time have encountered difficulties in Israel in reporting and regulating undeclared assets, as well as the taxation of the day-to-day business.