Israeli Tax on Trusts

Following a major reform to Israeli tax law, a trust with a foreign settlor may be taxable in Israel if one of the beneficiaries is an Israeli tax resident. A new law passed by the Israeli parliament introduced the notions of Foreign Residents’ Trust and Israeli Resident Beneficiary Trust. These two will be discusses here. 

See more here: Israeli Tax on Trusts with a Foreign Settlor

See also:

Changes in Israeli Taxation of Trusts

Israeli Tax Incentives to Olim: New Rules Proposed
Dr. Avi Nov Law Offices, Israeli & international tax law 
 

The Israeli tax changes for 2015

The Israeli Budget for 2015 includes various new reporting obligations and also other changes to the tax rules. In this note I will summarize the new reporting obligations and some of the main changes to the tax rules that were included in the Israeli Budget for 2015. See more here: The Israeli Budget for 2015

See also: Israeli Taxation of New Immigrants: Proposed Changes

Dr. Avi Nov, Adv.

Israel Malta Tax Treaty

The Israel Malta Tax Treaty became effective in Israel on January 1 2014. The full name of the treaty is – "The Convention between the Government of Malta and the Government of the State of Israel for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income".
See also: Israel Tax Treaties with Malta and Panama

Dr. Avi Nov, Adv.

Israeli Tax Reporting Rules

Israeli Tax Reporting Rules