By Jacky Houlie,JH & Co. Law Office & Shlomo Hubscher, JH Consulting Ltd.
Israel is often referred to as the Startup Nation, with many technology companies being acquired by foreign multinationals. As such, the transfer pricing aspects of such exits and other restructurings, including implementation thereof, has become very much on the radar of the Israeli tax authorities.
To address this matter, the Israeli tax authorities on November 1 published new guidance, Circular 15/2018,Business Restructuring within a Multinational Group, clarifying the governments stance on the tax and transfer pricing aspects of such changes in business models.
In Circular 15/2018, the Israeli tax authorities outline techniques for identification and characteri…
Read the full article at: https://mnetax.com/new-israeli-transfer-pricing-guidance-addresses-business-restructuring-31008