Our collection of news is focused on international tax and transfer pricing.
Type: Legislation Israel’s phased implementation of mandatory business-to-business (B2B) e-invoicing began in May 2024. Taxpayers must now pre-request a unique invoice Allocation Number from the Israeli Tax Authority (ITA) for […]
Type: Legislation The Israeli Internal Revenue Service mandates the use of certified representatives for approved sales invoice numbering under the new e-invoicing regime starting 1 April 2024. Transition to the […]
Type: Legislation The Israeli Ministry of Finance is developing an electronic invoicing system based on Continuous Transaction Control (CTC). The intention is to address the significant “fictions invoice” fraud issue, […]
Type: Legislation A plan to extend Israeli VAT collection responsibilities to international providers and digital platforms for digital or electronic services is part of the budget the Israeli government is […]
Type: Draft Legislation Before the 2023–2024 budget process, the Israeli Ministry of Finance announced its economic strategy for the benefit of the general public. It also provides a suggested electronic […]
Israel is one of the countries that is trying to fight VAT fraud by implementing technical solutions to identify and follow business transactions. The Israeli government announced that they will […]
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