Israeli Draft Law - Tax on Digital Services

The Israeli Tax Authority hops to amend the VAT Law in such a way that would require nonresident suppliers of digital services to register and account for value added tax in Israel. So far, a draft bill has been submitted by the Israeli Tax Authority that signals the next development in taxation and that will obviously have a dramatic effect on the activities of various big companies such as Google, Facebook and Amazon.

For more details, see: Israeli Tax on Digital Services: Draft Law

Dr. Avi Nov Law Offices, Israeli & international tax law

Dr. Avi Nov, Adv.

 

Israel Tax Plan for 2017-2018

The Israel Tax Proposals for 2017-2018 budget include major changes with respect to Israeli international taxation. The Israel Tax Proposals for 2017-2018 would be relevant mainly for individuals in Israel, foreign companies operating in Israel, and Israeli companies operating abroad. The Israel Tax Proposals for 2017-2018 budget plan and the related tax measures are pending approval by the Knesset. See more: Israel Tax Proposals for 2017-2018

Dr. Avi Nov Law Offices, Israeli & international tax law 
*this article is intended for informative purposes only and is in no way to be construed as tax advice or a legal opinion

Israeli Tax Law on Residency

The Israeli Supreme Court ruled recently that an Israeli who resides abroad can be considered for Israeli tax purposes as a person whose center of life is not in Israel, even if his family lives in Israel (Kfar Saba Assessing Officer vs Michael Sapir, Civil Appeal
4862/13). 
See more details here: Israel new Case Law on Tax Residency

See also:

Israeli Tax Residence Separately From the Wife - The
Sapir Case in the Tel Aviv District Court

Israeli Resident for Tax Purposes: The AK case

Dr. Avi Nov, Adv.

Tax Havens and Israeli Tax Law

The recent reports that Benjamin Netanyahu held an offshore bank account in the tax haven of Jersey led to public discussions in Israel. See -

Tax Havens are Attractive for Israelis

Many Israelis are concerned if it is this going to become harder now to hold an offshore bank account. See also: TaxHavens, an interview on TLV1 Radio, The Cost of Doing Business, January 20, 2014