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Israel

HMRC also collected £41.8 billion from compliance activities this year; in other news, Israel is looking to partially adopt pillar two rules
Democratic senators urge President Joe Biden to combat tax evasion in crypto-asset markets, while PwC Australia’s breakaway firm Scyne Advisory appoints an interim CEO.
The Internal Revenue Service will lose the funding as part of the US debt limit deal, while Amazon UK reaps the benefits of the 130% ‘super-deduction’.
The winners of the ITR EMEA Tax Awards have been announced for 2022!
Sponsored

Sponsored

  • Sponsored by Yaron-Eldar Paller Schwartz & Co
    The stake of foreign investment in the Israeli high-tech industry reached 77% of total capital raised in 2018, and 30 new venture funds were born in 2018, raising a record $2.6 billion compared to ‘only’ $1.6 billion in 2017.
  • Sponsored by Deloitte US
    In a wide-ranging interview, ITR speaks to Terri LaRae, partner and leader of the global operations transformation tax team at Deloitte, about the factors driving tax transformation and how tax departments can get the best out of it.
  • Sponsored by Yaron-Eldar Paller Schwartz & Co
    Israel's Finance Ministry and tax authority announced in the last week of April that they intend to introduce a digital sales tax (DST) that may reap some $280 million for the treasury. The tax authorities will be working on a tax on the local sales turnover of foreign digital companies in Israel.