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IATI - Israel Advanced Technology Industries
IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News Following a Recent Court Decision, IATI Calls for a more Attractive MNC Tax Policy

Following a Recent Court Decision, IATI Calls for a more Attractive MNC Tax Policy

May. 3, 2018

Last week's High Court's decision about taxing the options of MNC Israeli workers could have a disastrous impact on global R&D centers' presence in Israel. The decision could significantly increase the amount of tax payed by MNCs. Following the verdict, IATI sent a letter to Minister of Finance Moshe Kahlon and Director of the Israel Taxes Authority Eran Yaacov, with a request for an urgent meeting. IATI CEO Karin Mayer Rubinstein wrote in the letter: "Seeing the great importance of MNCs' local activity, and  the fact that economy is in constant global competition, we call for a more attractive MNC tax policy".  

Click for the media coverage of IATI's letter: 

Bloomberg: Israel Stock Options Ruling May Hurt Tech Companies

Walla News: a video interview with IATI Co-Chair Erez Tzur

Globes: Taxing MNCs: HighTech representatives demand a meeting with Minister of Finance

TheMarker: Tech Industry Approach Kahlon regarding High Courts' decision 

 

 

 

 

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