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Israeli tax authority issues updated guidance on Mutual Agreement Procedures, in line with BEPS principles

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Israel

  • On 17 August 2023, the Israeli tax authority (ITA) issued a new circular dealing with updated guidance on Mutual Agreement Procedures.
  • The updated guidance follows principles provided in Action 14 of the Base Erosion and Profit Shifting project led by the Organisation for Economic Co-operation and Development.
  • Israeli and multinational enterprises seeking to settle discrepancies and double taxation …

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