An all-embracing line of experts in tax laws are at your disposal to grant tax consulting services to the varied clients of our office. We assist our clients in preparing effectively the planning procedure of their taxes so that they can enjoy as good tax results as possible.
The Israeli law acknowledges the right of the tax debtor to plan his business restricting the costs of his tax as permissible within the framework of the law. The tax experts of Doron Tikotzky Kantor Gutman & Amit Gross law firm put at the disposal of our clients many years of experience and understanding of the lax laws including collaboration with the various tax authorities.
Lawyers expert in tax laws will grant you the highest level tax consultancy to enable you realize your legitimate right to effective tax planning. It is befitting to emphasize that one may cross the thin border between the legitimate tax planning and the laws of planning of tax, which is not the similar. To enable you plan your taxes according to the law and legitimately, you must be assisted by the services of an expert in the tax laws, a person who will grant you tax consultancy by which you concomitantly do not transgress the framework delineated by the legislator in the country, while nonetheless grants you the payment of optimal tax payments.
We act in the spirit of the President of the Supreme Court Meir Shamgar's ruling, who had ruled that the fact that the parties have chosen the low tax legal structure does not indicate that the structure is "artificial" or " made up". The right – and even the obligation – of the experts in tax issues are to plan the legal transactions so that these will not be "tax intensive".
Taxing Method
Nowadays there are two main taxing methods: a. Territorial Tax: this tax method is based on the geographical principle determining that all income created in the territory of a sovereign territory of a certain state is taxable, unconditional of the residence or nationality of the producer of the income. B. Personal Tax: this tax method ignores the geographical aspects of the income source and calculates the tax on the base of the income producer's nationality, even if the origin of the income is outside the sovereign borders of the country.
These taxing methods might collide from time to time, as the citizen of a certain country living abroad might be required to pay double taxation, in his mother country as well as in the country in which he resides. In order to solve the problematic issue hidden in such a case, there are various solutions such as international conventions for the prevention of double taxation. The judicial rule in Israel in the field of tax laws determines that in order to prevent the double taxation the sum of the tax paid abroad will be deducted from the tax obligation of the debtor due locally.
The Tax Laws in Israel
The tax method in Israel is basically the territorial tax method, this being the scion of the British mandate in Israel. Nonetheless, further to the development of international economics and the exertion of economic trends such as globalization, a combined taxation method was initiated from 2003 determining that all income originated in Israel is taxable, as also any income produced by an Israeli citizen living abroad. So, the country's collection ability was increased and the phenomenon of tax evasion became much more restricted.
Tax Consultancy
The tax laws are a complicated and complex issue containing unlimited laws and legal clauses that come to deal with the tax policy in Israel. Within this entire tortuous imbroglio, the businessman, small or big, needs professional tax consultancy services granted by experts in their field, to assist the debtors get familiar in this confused legal space, to reduce the costs of their tax as practicable, and at the same time, to abide the law in the country and fulfill the civil obligation to pay taxes. We are here exactly for this purpose, a team of first league lawyers in the tax laws in Israel to give you a winning tax consultancy.
Feel free to reach out to us: Center Branch 03-6109100, Haifa Branch 04-8147500, Mobile 054-4251054