RUCHELMAN P.L.L.C. published an insight written by Partners Daniel Paserman (CPA, TEP), Head of Tax and Inbar Barak-Bilu (CPA, TEP).
The insight is about the major international tax reform that was proposed by the Israel Tax Authority. The reform may have a great influence on the residence status of individuals and companies having economic operations or personal ties to Israel. The reform may influence foreign-residents considering a move to Israel and Israeli resident considering a departure from Israel.
This article summarizes the main points relating to individuals.