Tax Implications & Considerations before the End of the 10 Year Benefit Period
As is well known, many individuals made Aliya to Israel or returned to live in Israel after the amendment of the Income Tax Ordinance in 2008. These individuals enjoy tax benefits for their foreign source income for a period of 10 years. Now, for some of these beneficial taxpayers the 10 year benefit period is about to expire and they ask themselves, how to prepare or act before the end of the benefit period. The following newsletter contains some tax implications and considerations.
