Tax Law
Voluntary Disclosure
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Recent Posts
- Voluntary disclosure for diamond dealers.
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The president of the Israeli Diamond Exchange in Ramat-Gan, Mr. Yoram Dvash, announced on the 13/3/16 to the members of the Israel Diamond Exchange that the IRS is currently allowing diamond dealers to enter into the anonymous voluntary disclosure procedure.
As stated, the anonymous voluntary disclosure procedure had been ... - During the period that passed since the start of the Voluntary disclosure Procedure, over 3,000 requests have been filed, revealing over 10.3 billion NIS.
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Following the publication in the press on the 6th of September 2015, regarding the extension of the Voluntary disclosure Procedure, attached herewith is the announcement from the Tax Authorities:
During the period that passed since the start of the Voluntary disclosure Procedure, over 3,000 requests have been ...
- Published by the “Israeli Ministry of Justice”, and the “Israeli money laundering and terror financing prohibition authority”, on July 2015
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In September 2014, the Israeli Tax Authority published a Voluntary tax compliance protocol, which grants immunity from criminal prosecution on tax offenses, for applicants who reveal their concealed assets to the tax authorities, in return for paying civilian tax (hereinafter: "Voluntary disclosure procedure").
We will ...
- OECD reform on BEPS
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On 5 October 2015, the OECD published the final reports of the OECD/G20 Base Erosion and Profit Shifting (“BEPS”) project, which is consists of a package of measures for a coordinated international approach to reform the international tax system. The BEPS refers to the global effect of multinational ...