Israel Tax on Internet Companies

The Israeli High Court of Justice published a decision on 11 March 2014 concerning the application of the tax law to cross border digital delivery of services and products by foreign multinationals operating in the Israeli market such as Facebook and Google. The petition (HCJ case 6845/13) was against the Minister of Finance and the Director of the Israeli Tax Authority. The Israeli High Court rejected that Value Added Tax (VAT) should apply to these companies. See: Israel Taxation of Multinational Companies

See also: Israel Case Law

Dr. Avi Nov, Adv.

Tax breaks for multinational firms

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Tax breaks for multinational firms
Israeli companies that benefit from the Encouragement of Capital Investments Law would receive reductions of 40% to 70% on corporate taxes on so-called restricted profits