Ariel Jerozolimski | Bloomberg | Getty Images Inside the Tel Aviv Stock Exchange Israeli pension funds are expected to get a waiver that will allow them to invest in four new high-tech funds for which the government issued new tenders this week. The new mutual funds, meant for both private and institutional investors, are to be traded on the Tel ... Read More »
Tag Archives: Israel
Israel to Tax Foreign Companies’ Online Activities
Israel is to start collecting value added tax (VAT) and income taxes from foreign companies that do substantial business over the Internet in Israel. Under new guidelines issued by the Israel Tax Authority on Monday, foreign companies that operate websites and sell various services such as advertising and brokerage will be subject to 17 percent VAT as well as income ... Read More »