Search
Close
A precedential ruling in the case involving “Hadar Insurance Company V. Ahad Ha’Am Food and Beverages and others”, written by Supreme Court Judges Rivlin, Danziger and Solberg, determined that in a case a company is bankrupt following a delay of insurance compensation payments by the insurance company, the insurance company will pay additional compensation to the bankrupt insurant.
In terms of commercial debt recovery, the Romanian law stipulates several procedures, depending on the debt instrument that the creditor has.
During the past few years, a growing number of Americans who are living outside the U.S are renouncing their U.S. citizenship. This is Due to the fact that the U.S. imposes taxes on the world-wide income of citizens and resident aliens, regardless of where they live.
Israel as An Ultimate Tax Haven for American Citizens Interested in Renouncing Their Citizenship
The global economic crisis has led many Israelis residing overseas to consider returning to the country. Beyond the longing for home, family and friends, this return home conceals significant tax benefits,
One of the goals engraved on the flag of the Israeli government, as part of the celebrations of 60 years of existence of our little country, is to encourage the return to the country of new immigrants and returning residents.
Romania and Greece have concluded on September 17, 1991, the Convention for the avoidance of double taxation with respect to taxes on income and property.
China's economy had already become the second largest economy in the world as it surpassed Japan's.
The plaintiff - Tyco Building Services Pte Ltd ("Tyco") is a Singapore company, which markets electronic security equipment.
The Israeli legislature has enacted a legal term of Artificial Business (“business” including “actions”) in the Israeli Tax Code (article 86). The aim of this article is to prevent illegitimate tax avoidance. The scope of discretion is wide, as this article comes to prevent tax avoidance that weren’t expressly prohibited by the tax code. The article expressly refers to several conditions in order to apply the power given to the assessing officer:
