2021 Tax Alerts and Circulars
Following is a list of our latest Tax alerts & circulars in Hebrew.
Reports and payments to the tax authorities by January 30, 2021
Preferred Technological Enterprise Benefits: Conditions Indicating Enterprise is Promoting Innovation - Filing 2020 Applications Within 90 Days
OECD guidelines on transfer pricing implications of COVID-19 pandemic
Tax calculation related totals and updates for tax year 2021
Interest rate amendment according to section 3(i) & 3(j) of the Income Tax Ordinance -2021
Withholding tax at source from payments for assets and services in 2021
Recharge payment to a parent company for the provision of equity instruments to employees of a subsidiary entity - expense or dividend?
Postponement of the due date to submit withholding tax from wages and non-wages online reports
Filing Individual's tax return for tax year 2020
Obligation to report a position taken that is contrary to the position of the Tax Authority regarding income tax for the tax year 2020
Actions when claiming tax benefits - preferred / technologic enterprise
Reminder - Accelerated depreciationcan be used on equipment purchased by June 30, 2021
accelerated depreciation on equipment purchased to replace property damaged by an act of violence resulting from the Israeli-Arab conflict in May 2021
Reporting for capital gain from securities until July 31, 2021
Formulationof a special report by accountants for the purpose of recognizing accelerated depreciation expenses during the corona period
Updating- Formulation of a special report by accountants for the purpose of recognizin accelerated depreciation expenses during the corona period
Transfer Pricing: Country by Country Reporting in Israel
132 countries and jurisdiction joined the two pillar plan to reform international taxation rules as part of the OECD’s Action 1 digital economy tax reforms
The Supreme Court: 15% Tax Rate in Respect of The Distributable Profits - Investment Encouragement Law
Draft law proposal regarding tax benefits for investments in R&D companies
Legislative proposal- Temporary provision regarding reduced tax payment on "Imprisoned Profits" according to the Encouragement Law of Capital Investments.
The "polluter pays" reform is underway - purchase tax on plastic disposables
Taxation of companies which are under the control of five persons at most
Temporary provision regarding reduced tax payment on "Imprisoned Profits" according to the Encouragement Law of Capital Investments.
Changes of Tax Benefits for a Residential Rental Building in the Capital Investment Encouragement Law
The Capital Investment Encouragement Law: Use of exempt profits for the purpose of acquiring companies, use of joint bank account funds, and other issues (verdict Teva)
The Israeli Tax Authority has published a list of its 2021 positions. Taking a contradicting position must therefore be reported.
To view the 2020 tax alerts & circulars - Click here
To view the 2019 tax alerts & circulars - Click here
To view the 2018 tax alerts & circulars - Click here
To view the 2017 tax alerts & circulars - Click here
To view the 2016 tax alerts & circulars - Click here
To view the 2015 tax alerts & circulars - Click here