May 30, 2024

פטור אמריקאי מניכוי במקור מהכנסות ריבית מארה"ב

U.S. Exemption from Withholding Tax on Interest Income from the U.S.

The withholding tax rate on income originating from the U.S. for non-Americans is 30%. The Portfolio Interest Exemption (PIE) mechanism exempts interest payments made by a U.S. resident (individual or corporation) to a foreign lender from withholding tax. This exemption is outlined in 26 CFR Section 871(h) of the IRS. Between Israel and the U.S., […]

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יאכטה-שטה-בים

Resident of No Country

Can a Person Be a Resident of No Country? This is an intriguing issue that has often reached the courts in the context of tax payments by citizens who have spent significant periods in other countries. As is known, each country has its own rules that determine who is considered a resident for tax purposes,

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Voluntary Disclosure – All that is Relevant for 2024

Voluntary Disclosure – All that is Relevant for 2024

Voluntary Disclosure for 2024: Everything You Need to Know – Publication of the New Voluntary Disclosure Procedure for Settling Undeclared Income and Tax Debts Previous Voluntary Disclosure Procedures In 2005, the Voluntary Disclosure Procedure was first introduced. The initial format of the procedure allowed taxpayers who had not reported their incomes to settle their reporting

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