2023 Tax Alerts and Circulars

Tax alerts & circulars in Hebrew

• 1.2023
  Reports and payments to the tax authorities by January 30, 2023
• 2.2023
  Revised Israeli TP Notification Form
• 3.2023
  Preferred Technological Enterprise Benefits: Conditions Indicating Enterprise is Promoting Innovation - Filing 2022 Applications Within 90 Days
  
• 4.2023
  Tax calculation related totals and updates for tax year 2023
• 5.2023
  Restricting the use of the “Masab” payment method
  
• 6.2023
  Withholding tax certificates - adding separate payment types: rent, construction and transportation fees
• 7.2023
  Dividend paid to employees after the restricted period from profits subject to Encouragement Investment Law, intitle to the reduced tax rate - Kondoit court case 
  
• 8.2023
  New Israeli TP/CBCR Notification Form (1585)
• 9.2023
  Non-acceptance of reporting to the tax authorities according to a "cash basis" of a company which in practice conducted itself according to an "accrual basis"  – “Mikood” case.
• 10.2023
  The Supreme Court: self-purchase of shares by companies that are “kind of-partnerships” is taxable by the remaining shareholder - Beit Hosen and Meir Seida Verdicts. 
• 11.2023
  Postponement of the due date to submit withholding tax from wages and non-wages online reports 
• 12.2023
  Attributing the taxable technological income and R&D expenses to each beneficiary intangible asset individually or by product or group of products
• 13.2023
  Withholding tax at source from payments for assets and services in 2023
• 14.2023
  Interest rate amendment according to section 3(i) & 3(j) of the Income Tax Ordinance -2023  
• 15.2023
  Obligation to submit an individual tax return for the 2022 tax yearand  conditions for receiving an exemption from submitting it
• 16.2023
  Updated procedure for reporting by employers and employees when retiring from work - new form 161
• 17.2023
  Postponement the reporting date of the VAT payment for the period March and April 2023, until May 23, 2023
• 18.2023
  New ITA Guidelines on Taxation of SAFE Instruments
• 19.2023
  Recent refinement of the rules regarding the imputation of benefits value in respect of employees events, following the rulings in the Kiryat Shmona and Shekel cases
• 20.2023
  A new income tax route for a small business owner that allows expenses to be deducted at the rate of 30% of turnover, instead of actual expenses
• 21.2023
  Assignment of invoice numbers by the Tax Authority (in transactions above a certain amount), as a condition for input VAT deduction
• 22.2023
  Residential Real Estate Taxation  -  Legislative amendments under The Economic Efficiency Law
• 23.2023
  Paradigm Shift : District Court Allows Reclassification of License Transactions to Sale of Intellectual Property- The Medtronic Case
• 24.2023
  Obligation to report a position taken that is contrary to the position of the Tax Authority regarding income tax for the tax year 2022
• 25.2023
  Reporting for capital gain from securities until July 31, 2023
  
• 26.2023
  The obligation to report on the retirement of employees using the new form 161 has been postponed until November 1, 2023 - an update and additional highlights to the original Tax Authority guidance
• 27.2023
  The Encouragement of Knowledge-Intensive Industry Bill has been approved by the Finance Committee of the Knesset for final voting
  
• 28.2023
  Consultation on the proposed law revising the tests to determine the Israeli tax residency status of individuals
• 29.2023
  The Law for Encouragement of Knowledge-Intensive Industry (Temporary Order)
  
• 30.2023
  Update of the policy regarding the imposition of administrative fines on companies, and in addition on company executives
• 31.2023
  The IRS published certain Guidance on Amortization of Specified Research or Experimental Expenditures under Section 174
• 32.2023
  Update regarding the implementation of the invoice number assignment model by the Tax Authority (in transactions above a certain amount), as a condition for input VAT deduction.
• 33.2023
  The instructions of the Tax Authority following the "Iron Swords" war
• 34.2023
  Notice of the Tax Authority dated 10/10/2023 on relief due to the "Iron Swords" war
• 35.2023
  Possibility for an association to carry out an activity intended for immediate and essential assistance in the war situation, without submitting a request for a change
• 36.2023
  The tax authority's guidance for relief regarding donations during war
• 37.2023
  Assistance in respect of damage, grants and reliefs- "Iron Swords" war  
• 38.2023
  "Iron swords" war - reliefs by the Tax Authority and the National Insurance Institute
• 39.2023
  Iron Swords war - Actions and Reliefs of the Innovation Authority
• 40.2023
  Tax benefit for submitting an application for a building for residential rental - extension of the deadline for submitting a building permit

More Info

To view the 2022  tax alerts & circulars 

To view the 2021 tax alerts & circulars

To view the 2020 tax alerts & circulars

To view the 2019 tax alerts & circulars

To view the 2018 tax alerts & circulars

To view the 2017 tax alerts & circulars

To view the 2016 tax alerts & circulars

To view the 2015 tax alerts & circulars