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יום חמישי, 18 בספטמבר 2014

Voluntary Disclosure Program (Israel), 2014

The Israeli Tax Authority published on 7 September 2014, a new Voluntary Disclosure Program. This new program replaces the 2005 voluntary disclosure procedure. The purpose of the Voluntary Disclosure Program is to encourage non compliant taxpayers to come forward to the tax authority, disclosure their unreported income and pay taxes,
consequently avoiding criminal prosecution.  

See: Israeli New Voluntary Disclosure Program
For the old Voluntary Disclosure Program, see: Israel's voluntary disclosure
of offshore income

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