03 February 2012

The Authority's position is to give a narrow, linguistic interpretation of the law, whereas the explanation given during the legislation process explicitly clarifies that its goal was not to tax retroactively. The article was published on the "The Marker" newspaper on February, 2012.

04 September 2011

It is not appropriate to impose an additional tax on the value of assets simply as a result of the sad fact that the owner of the assets has passed away.
http://www.calcalist.co.il/local/articles/0,7340,L-3530243,00.html

09 May 2011

The Israel Tax Authority (ITA) has recently published a number of decisions that provide guidance on the ITA’s positions regarding certain issues relating to the taxation of employee equity grants, and particularly, with respect to the “capital gains track” defined in Section 102(b)(2) of the Israeli Income Tax Ordinance (ITO).

09 May 2011

The Israel Tax Authority (ITA) has recently published a number of decisions that provide guidance on the ITA’s positions regarding certain issues relating to the taxation of employee equity grants, and particularly, with respect to the “capital gains track” defined in Section 102(b)(2) of the Israeli Income Tax Ordinance (ITO). 

28 March 2011

Wait before you pay taxes on assets sold outside of Israel. The legislation and practical reasoning of the tax authorities provide many opportunities to avoid paying Israeli tax on assets acquired abroad.  

27 March 2011

Determination of the date on which a sale is considered to have been consummated is of great importance for tax law purposes, but surprisingly there is no treatment of this issue - neither in legislation nor in binding court decisions. This article offers two practical suggestions for dealing with this day to day issue.

31 January 2011

The Israeli Knesset recently approved an indirect amendment to the Income Tax Ordinance which offers a substantial tax benefit to individuals investing in qualified Israeli R&D companies ("the Amendment").

08 August 2009

This column appeared in 'The Accountant' magazine, August 2009 issue, Israel.

11 January 2009

In late December 2008, the Israeli Knesset (parliament) passed an amendment to the Israeli Income Tax Ordinance (ITO) which signals a fundamental change in the treatment of capital gains derived by non-residents of Israel. In brief, the amendment provides for a broad exemption from tax to non-Israeli investors selling shares in Israeli and Israeli-related companies.

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