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Posted by oneguy on Dec 23, 2012 in News | 0 comments New changes to the Income tax Ordinance have been approved by the Israeli Parliament at the end of July 2013
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Posted by oneguy on Dec 23, 2012 in News | 0 comments Israeli resident beneficiaries of foreign trusts shall be subject to tax on foreign source income. An Israeli resident beneficiary of a trust qualifying as a “Relatives Trust” shall pay a 30% tax upon distribution unless an election is made to pay a 25% tax at the trust’s income level
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