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Tax

20 stories about Tax

Bitcoin's Asset Status Makes its Profits Taxable, Israeli Court Rules

21.05.19|Omri Milman

An appellant, rejected Monday, acquired bitcoin in 2011 and sold it in 2013, netting a profit of around NIS 8.3 million that he claimed should not be subject to a capital gains tax

Israeli Supermodel Bar Refaeli’s Tax Struggles Are Long From Over

23.04.19|Omri Milman and Tomer Ganon

An Israeli court recently ruled the model will have to pay evaded taxes for an income of $4.5 million, but Refaeli still has to contend with the Israeli tax authority on two more fronts, including possible criminal charges

Israeli Supermodel Bar Refaeli to Pay Evaded Taxes for Earnings of $4.5 Million

22.04.19|Tomer Ganon and Omri Milman

The Israeli model has been under investigation by the Israeli tax authority since 2015, suspected of falsely reporting she was living outside of Israel to evade taxes

Israel Tax Authority Issues Pre-Ruling on Tax Benefits for Small Startups

11.04.19|Omri Milman

In October, Calcalist reported that to encourage the local tech sector, the authority is updating its regulation to award companies with less than 10 people the same benefits as large enterprises

תל אביב תיירות חוף Tel Aviv Tourism Tourists Beach

Israel Mulling Tourist Tax

21.03.19|Adrian Filut

Currently levied by 42 countries, tourist taxes are paid by non-citizens entering a country to help combat the negative effects of over-tourism and to invest in tourism-related government projects and initiatives

Israel Moves Ahead With International Exchange of Financial Information of Foreign Residents

17.03.19|Omri Milman

The policy is a result of Israel’s commitment to an international taxation standard called common reporting standard (CRS)

Spoon-Bending Illusionist Uri Geller Looks for Flexibility in Tax Ruling

12.02.19|Tomer Ganon and Omri Milman

Geller is appealing the Israel Tax Authority’s decision to levy a one-off tax on a property he has leased until 2072

Israel Tax Authority to Demand Over NIS One Billion From Teva

16.01.19|Omri Milman and Tomer Ganon

Teva did not pay taxes in Israel for the decade preceding 2014, saving NIS 20.6 billion in tax benefits

The Alleged Sweet Life of Israeli Supermodel Bar Refaeli

06.01.19|Tomer Ganon and Omri Milman

As a way to evade Israeli taxes, Refaeli’s earnings were allegedly registered under three companies in the Virgin Islands, Cyprus, and Singapore, one of them called Sweet Life, according to indictment documents

Israel Approves CRS Tax Regulations, With a Caveat

03.01.19|Omri Milman

Israel's parliamentary finance committee approved on Tuesday a series of statutes that will make life a lot harder for tax evaders in the country. Philanthropic Jewish orthodox community lending institutes will be exempted

Online Gambling Company Playtech Reaches Tax Settlement in Israel

03.01.19|Dror Reich

The London-listed gambling software developer will pay $32 million following an audit for the years 2008-2017

Pending Hearing, Israel Might Indict Model Bar Refaeli for Tax Evasion

31.12.18|Omri Milman

Refaeli allegedly reported she was living abroad at a time when she was actually living in Israel to avoid paying taxes on foreign income

Israel to Demand Tax Report Amendments From Local Outposts of Tech Multinationals

23.12.18|Omri Milman

The decision comes following an April supreme court ruling affirming that options given to employees are wage-equivalent and should be calculated under labor costs

הוועידה הכלכלית הלאומית 2018 ערן יעקב בשיחה עם עמרי מילמן

Income Taxing of Options Applies to a Small Share of Israeli Tech Employees

19.12.18|Omri Milman

Out of 500 employee option plans reviewed across around 90 private companies, only three employees had plans that could, perhaps, fall under the purview of the new memo

Israel to Fully Tax IPO or Exit-Dependent Employee Options, in Some Cases

18.12.18|Omri Milman

The Israeli tax authority now considers such options income, meaning employees could pay an income tax of up to 50% on options exercised instead of a capital gains tax of 25%

OECD Secretary-General Warns: Israel Headed Towards Tax-Evasion Blacklist

27.11.18|Adrian Filut

The Secretary-General sent a letter to Netanyahu, urging the government to ratify the Common Reporting Standard (CRS) treaty

Israel Climbs Five Spots in World Bank’s Annual Ease of Doing Business Index

01.11.18|Tofi Stoler

Israel is now ranked 49 out of 190 countries, following a seven-year downward trend

To Encourage Local Tech, Israel to Expand Tax Benefits to Small Companies

28.10.18|Omri Milman

Israel’s tax authority has decided to expand the country’s capital investment law, intended to offer large companies tax benefits, to companies employing less than 10 people

סטיבן מנושין סטיבן מנוצ'ין שר האוצר ארה"ב

Steven Mnuchin, Israeli Counterpart Moshe Kahlon Discuss Updates to U.S.-Israel Tax Treaty

21.10.18|Omri Milman

The bilateral agreement between Israel and the U.S. drafted in 1975 is seen as outdated and unreflective of current market realities

The Car of the Future Is Manufactured Under the Tax Laws of the Past

18.09.18|KPMG, a CTech Partner

At the moment when the auto world is facing its fourth industrial revolution, outdated tax laws are threatening to hinder the wheels of progress

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