The Tax Authority tightens tax rules on international exits

The Tax Authority tightens tax rules on international exits – “This is double tax situation and over-payment to Israeli start-up companies”.

Atty. Oren Biran, Partner and Head of our firm’s tax department, is mentioned in articles for Calcalist and Globes, regarding the strict circular/addendum published by the Tax Authority, which determines that recharge payment in connection with Stock Options shall not be deductible or otherwise be considered as a dividend payment subject to Israeli taxation. 

Read the full article in “Globes”

Read the full article in “Calcalist”