02 February 2018 Israel's Tax Authority releases circular on business restructuring in multinational groups for consultation The Israeli Tax Authority (ITA) recently released for consultation a draft circular, dated November 14, 2017, on business restructurings in multinational groups (the draft circular). The draft circular comprehensively sets forth the ITA's positions on the main issues related to business restructuring, the required disclosures, and the possible tax implications arising from such a restructuring. Document ID: 2018-0249 |