Your Taxes: Clarifications for new Israeli tax amnesty
Government
Last Wednesday, the Israel Tax Authority (ITA) issued clarifications that try to patch up problems with the new tax amnesty (voluntary disclosure procedure) announced on August 25. What are the problems, what is the patch, and is the amnesty now workable?New amnesty – potted summaryIn applicable cases, the ITA in conjunction with the Attorney-General's Office is willing to commit to refrain from initiating criminal proceedings against anyone who makes a voluntary disclosure if they meet all the
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