Entries tagged “Israel Business”
Insight August 12, 2015
The world is getting smaller and it is getting harder to leave a pile of money in a far off corner unnoticed and untaxed. That is thanks to overlapping initiatives of the Unit ed States (FATCA), the Israeli Tax Authority, the Bank of Israel (directive to Israeli banks to check deposits are taxed) and the OECD (common reporting standard). In parallel, the US, Israel and other countries are offering voluntary disclosure procedures , commonly known as amnesties.
Insight June 06, 2011
Recent moves into Israel by companies from the Silicon Valley are a reminder that there are still many untapped opportunities for economic cooperation between two of the world's foremost centers of high technology. Innovative business cultures and common values make Israel and the Silicon Valley natural partners in the world of high-tech and venture capital.