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.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0249

Document ID: 2018-0249