- Israeli Tax Authority proposed comprehensive tax reform for the high-tech sector.
- Measures include VAT exemption and uniform tax rates on success fees for investment funds.
- Capital gains exemption for certain entities on high-tech investments.
- Fixed formula for calculating VAT on management fees.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Israel"
- Court Rules Bank-Owned Insurance Agency Must Be Classified as Financial Institution for VAT Purposes
- Israel Raises VAT Exemption on Personal Imports to $130, Effective Midnight
- Smotrich Vows Not to Surrender to Left After Coalition Blocks VAT Exemption Order
- Knesset Rejects Plan to Expand VAT Exemption on Imported Goods
- Cabinet Backs Smotrich’s $150 VAT Exemption Before Knesset Vote to Overturn Policy
