We wish to update you that on December 21, 2016, the Knesset passed the Economic Efficiency Bill (legislative amendments to achieve budget targets for years 2017 and 2018), 5777-2016 (hereinafter: the “Arrangements Law”). The Arrangements Law included a series of taxation reforms, including a reform on the taxation of shareholders in “wallet companies” (hereinafter: the “Amendment”).
Legal Update: Tax - January 2017 (Hebrew)
By FBC | Jan 2017 | Legal Update
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