Recently the Ministry of Finance announced its intention to amend the country’s legislative framework in relation to country-by-country (CbC) reporting, following the EU Directive amending Directive 2011/16/EU. The amendments are expected to be in line with the recommendations of Action 13 of the OECD final reports on Base Erosion and Profit Shifting (BEPS).
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Israel: Announcement of corporate tax rate cut
Israel: Announcement of corporate tax rate cut
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