March 13, 2024

איך רשות המיסים מקבלת מידע על חשבונות בנק בחו"ל?

How does the tax authority obtain information about foreign bank accounts?

The tax authority has various mechanisms for discovering and locating bank accounts in different countries around the world. Among other things, this includes tax treaties to prevent double taxation with over 50 different countries worldwide. As part of the double taxation treaty, some countries have also signed information exchange agreements regarding the incomes and finances […]

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חברת ארנק

Wallet Company

What is a Wallet Company In the past, it was beneficial for many individuals to provide services through a company (known as a wallet company), thereby paying corporate tax on its profits without withdrawing the profits, and thus avoiding the immediate payment of high marginal personal income tax. In January 2017, an amendment to Section

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