OrbitaxOrbitax

Israel Publishes Draft of Economic Arrangements Law for 2015/16 including Measures for Increasing Transparency and Countering Tax Avoidance

|Proposed Changes|Israel
Israel

Israel's Ministry of Finance has recently published a draft of the Economic Arrangements Law for 2015/16, which includes measures from the Economic and Budget Plan. The main business related measures concern increased transparency and countering tax avoidance, as well as the introduction of natural resource royalty and surtax.

The transparency and anti-avoidance measures include:

  • Taxpayers w…

Continue Reading