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News

| New immigrants to Israel are among those facing call for immediate tax data

Zvi Herman    
Thursday, 17 May 12:30 PM
Many new immigrants and returning Israelis have been receiving letters in recent weeks from the Israel Tax Authority demanding they report their sources of income from Israel and abroad within 30 days.

The letters, which are part of a four-year old crackdown by the authority, may come as a surprise to both groups because under the so-called Milchan Law they are exempt from disclosing their foreign income and assets for the first 10 years after they arrive.
 
Full Story (Haaretz.com)
       



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