“Until now, if you had asked me whether you should transfer Israeli real estate into an Israeli trust, I would have advised that there’s a big chance the tax authority will claim that it should be taxable. The advice was not to do it.”
Daniel Paserman (CPA), Head of Tax, was interviewed by Matthew Kalman for Bloomberg BNA regarding the recent court ruling, citing that taxation on real estate transfers into trusts will be rejected.
August 07, 2019
