From The Kalkalist, 2020.07.12, Dror Marmor In 2015, Kahlon raised the tax to 8 % and reduced the rate of [...]
By David Halbwax L.L.M, International Legal Counsel July 2020 To celebrate its 60th anniversary, the State of Israel has granted [...]
The automatic exchange of banking and fiscal information between Israel and other countries: CRS regulations content & effects in Israel – Septembre 2020
By David Halbwax L.L.M, International Legal Counsel The automatic exchange of information is part of a global context which for [...]
Israel announces tax cut for real estate investors and foreign resident buyers of homes – real estate purchase tax –
David Halbwax L.L.M, International Legal counsel Bracha & Co -October 2020- Since July, 20, 2020 and for a period until [...]
The new amendment to the “Law for the Encouragement of Capital Investments” approved by the Knesset under the “Arrangements Law” states that large companies (namely those whose business turnover exceeds NIS 10 billion) will be required to pay Corporation Tax at a rate of 6% and a tax on dividends at 4%. On the other hand, small high-tech companies will be required to pay Corporation Tax at the rate of 12% with the tax rate on dividends also at 4%.
Several international tax treaties of which Israel is a member incorporate the term ‘permanent establishment’. The term bears practical significance in matters concerning immigrant and returning resident tax. But what is a ‘permanent establishment’? By which criteria will a given establishment be defined as such? What should immigrants be aware of? What are they to take into account when relocating their business to Israel?