Managing Tax Assessment Procedures

The Lesson from the Wix CEO’s Multi-Million-Shekel Dispute The recent legal dispute involving the CEO of Wix raised an interesting question, one that many business

In certain transactions and business processes, the tax payable may affect the structure of the transaction from the outset, the consideration to be paid, the

Received an assessment that does not match the report you filed? At this stage, it is important to understand what the Israel Tax Authority is

An Overview of the Tax Routes, Their Advantages, Disadvantages, and Practical Tools for Making an Informed Decision for Residential Property Owners in Israel Renting out

Rental income is not a private matter detached from reporting and tax obligations, certainly not where several apartments, significant income, or deposits into different bank

A District Court judgment clarifies the costly distinction between a private investment and commercial real estate activity. What should you know before entering into your

The judgment in C.C. (District Court, Nof HaGalil) 46974-05-25 (Nabila Katz v. State of Israel) deals with an unusual but important scenario: a plaintiff who

A tax assessment discussion is easier to manage when you prepare properly An income tax assessment discussion is one of the most stressful moments for

Tax Alert – An Analysis of a Tax Ruling Purchase Tax in “Mechir Lamishtaken” Tenders and Assessment Amendments under Section 85 of the Real Estate

Circular 1/2021 – Payment to a Parent Company for Granting Equity Instruments to Subsidiary Employees in International Transactions One of the most common employee compensation

On October 7, 2023, the “Operation Iron Swords” war broke out. The war is currently still going on without an end date, according to the

An individual will be considered an Israeli resident or foreign resident as defined in section 1(2) of the Income Tax Ordinance (hereinafter the Ordinance), which

Assessment Discussions- Appeal against an Order If an article about appealing a tax order is relevant to you – you’re likely in the midst of

Tax Implications of Rental Income: Passive Rent, Business Rent, and Overseas Rent This article discusses taxation on residential rental income in Israel. For information on

Sanction for Tax Deficiency – Deficiency Penalty Filing a low tax return with the tax authority can lead to a sanction that makes the attempt

This section reviews the cases in which a claim can be filed under this section, the type of mechanism it offers to address the decrease

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

Classification of Rental Income as Passive or Business Income According to case law, income is generally classified as business income when it results from substantial,