New Guidelines for the Voluntary Disclosure Procedure

Following the release of the New Voluntary Disclosure Procedure (VOD) in December 2017 the Israeli Tax Authority published on February 13, 2018 Guidelines as to the implementation of the VOD and thereby give instructions and clarifications as to the manner the VOD is to be processed. The Guidelines contain a very important statement: “Not in all cases taxation on the capital itself”.

To read more about the New Voluntary Disclosure Procedure and the Guidelines >