2021 Tax Alerts and Circulars

Following is a list of our latest Tax alerts & circulars in Hebrew.

• 1.2021
  Reports and payments to the tax authorities by January 30, 2021
  
• 2.2021
  Preferred Technological Enterprise Benefits: Conditions Indicating Enterprise is Promoting Innovation - Filing 2020 Applications Within 90 Days
  
• 3.2021
  OECD guidelines on transfer pricing implications of COVID-19 pandemic 
  
• 4.2021
  Tax calculation related totals and updates for tax year 2021
  
• 5.2021
  Interest rate amendment according to section 3(i) & 3(j) of the Income Tax Ordinance -2021  
• 6.2021 
  Withholding tax at source from payments for assets and services in 2021
• 7.2021
  Recharge payment to a parent company for the provision of equity instruments to employees of a subsidiary entity - expense or dividend?
• 8.2021
  Postponement of the due date to submit withholding tax from wages and non-wages online reports
• 9.2021
  Filing Individual's tax return for tax year 2020
• 10.2021
  Obligation to report a position taken that is contrary to the position of the Tax Authority regarding income tax for the tax year 2020
  
• 11.2021
  Actions when claiming tax benefits - preferred / technologic enterprise
  
• 12.2021
  Reminder - Accelerated depreciationcan be used on equipment purchased by June 30, 2021
• 13.2021
  accelerated depreciation on equipment purchased to replace property damaged by an act of violence resulting from the Israeli-Arab conflict in May 2021
• 14.2021
  Reporting for capital gain from securities until July 31, 2021
• 15.2021
  Formulationof a special report by accountants for the purpose of recognizing accelerated depreciation expenses during the corona period
• 16.2021
  Updating- Formulation of a special report by accountants for the purpose of recognizin accelerated depreciation expenses during the corona period
• 17.2021
  Transfer Pricing: Country by Country Reporting in Israel
• 18.2021
  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
• 19.2021
  The Supreme Court: 15% Tax Rate in Respect of The Distributable Profits - Investment Encouragement Law
• 20.2021
  Draft law proposal regarding tax benefits for investments in R&D companies
• 21.2021
  Legislative proposal- Temporary provision regarding reduced tax payment on "Imprisoned Profits" according to the Encouragement Law of Capital Investments.
  
• 22.2021
  The "polluter pays" reform is underway - purchase tax on plastic disposables
  
• 23.2021
  Taxation of companies which are under the control of five persons at most
• 24.2021
  Temporary provision regarding reduced tax payment on "Imprisoned Profits" according to the Encouragement Law of Capital Investments.
• 25.2021
  Changes of Tax Benefits for a Residential Rental Building in the Capital Investment Encouragement Law
• 26.2021
   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)
• 27.2021
  The Israeli Tax Authority has published a list of its 2021 positions. Taking a contradicting position must therefore be reported.

More Info

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