Anna Liskanich, Attorney at Law
The appellant and her two brothers inherited shares in a private company from their deceased father (hereinafter: “the company”). Each sibling inherited 33.3% of the company. After a while, a conflict arose between the siblings. As a result, around 2001, the appellant decided to sell her rights in the company to her brothers. In the 2002 financial statements, the appellant declared a dividend income of NIS 3,485,000 from the company and additional revenue of NIS 1,681,000 as the proceeds from the sale of her shares in the company. The respondent did not accept the aforementioned statement and issued an assessment order, which led to the appeal under debate.