On 17 September 2015 the Treasurer announced Australia’s intention to commence tax treaty negotiations with Israel.
The negotiations will be for the purpose of establishing a new tax treaty, aimed at working to solve issues of double taxation between Australia and Israel. The negotiations will also endeavour to provide businesses that have both Australian and Israeli operations with greater tax certainties.
This is an exciting time for Australians and Israelis looking to trade with each other.
Get in touch with the Warlows Legal Australia-Israel Legal Advice team to ensure that your legal needs are well taken care of. We also work together with financial planners and accountants experienced in this area, allowing us to provide our clients with a seamless and broad professional service.
If you would like to make a submission on any of the relevant issues that may arise with these negotiations, please click here.