Israel News

Israel To Adopt BEPS Action 13 TP Documentation Rules
by Ulrika Lomas, Tax-News.com, Brussels
Monday, November 2, 2020
Israel's Government on October 12, 2020, launched a consultation on aligning the country's transfer pricing documentation rules with the three-tiered approach included in the OECD's 2017 Transfer Pricing Guidelines. Read Full Story

Israel Cancels Duties, Purchase Taxes On Various Goods
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, June 25, 2020
The Israeli Government has announced the cancellation of NIS1.45bn worth of duties and purchase taxes on a broad range of products. Read Full Story

Israel Waives Tax Deadlines In Light Of COVID-19
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, April 15, 2020
Israel has extended a number of filing deadlines for the 2019 tax year, to ease the tax administrative burden on taxpayers in response to COVID-19. Read Full Story

Netherlands Sets Out 2020 Tax Treaty Goals
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 27, 2020
On January 20, 2020, the Dutch Ministry of Finance announced the list of countries with which the Netherlands intends to negotiate new or amended double tax treaties in 2020. Read Full Story

Singaporean BEPS Treaty Amendments Become Effective
by Mary Swire, Tax-News.com, Hong Kong
Friday, April 5, 2019
The Inland Revenue Authority of Singapore has announced that the BEPS multilateral instrument entered into force for several of its double tax treaties on April 1, 2019. Read Full Story

OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 7, 2018
Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story

Canada, Israeli Sign FTA
by Mike Godfrey, Tax-News.com, Washington
Monday, June 4, 2018
Canada and Israel have signed a modernized free trade agreement. Read Full Story

OECD Releases More Transfer Pricing Country Guides
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, April 12, 2018
The OECD has published new transfer pricing country profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay, bringing the number of such overviews published by the OECD to 44. Read Full Story

Israel Defers Annual Corporate Tax Return Filing Deadline
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, April 4, 2018
Israel has postponed until June 28 the filing deadline for companies and individuals to file annual reports for 2017 online. Read Full Story

Israeli Tax Authority Issues Virtual Currency Tax Rules
by Lorys Charalambous, Tax-News.com, Cyprus
Thursday, March 1, 2018
The Israeli Tax Authority has clarified the country's tax rules for cryptocurrencies such as Bitcoin, in a circular issued on February 19. Read Full Story
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