Tax & Finance
Is there currently a formal voluntary disclosure program open in Israel?
The ITA has run specific time-limited programs in the past — most recently in 2014 and 2016 — with defined terms and deadlines. Between programs, a standing non-programmatic voluntary disclosure track remains available, allowing taxpayers to approach the ITA at any time. Whether a formal program is currently open should be confirmed with an Israeli tax attorney, as the availability and terms change. Even without a formal program, the standing track provides substantially the same benefit: criminal non-prosecution in exchange for full payment of outstanding tax.
From the full guide: Voluntary Disclosure in Israel: How to Regularize Unreported Tax as a Foreign National
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Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy
Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy