When the Taxi Deviates from the Route: Breach of the Conditional Tax Exemption in the Transportation Sector – More Than Just a VAT Issue
Purchased a taxi with a tax exemption? Don’t let a ‘favor to a friend’ or a missing meter lead to a massive tax bill. Attorney Yaniv Ish-Shalom breaks down the strict conditions of the conditional tax exemption in Israel and reveals the 5 warning signs that your taxi operation might be under scrutiny by the Tax Authority.
Tax assessor’s decision: Is this the end of the road – or just the beginning?
A tax assessor’s decision is not the end of the road. In Israel, the law grants you the right to object and appeal. Discover the 2 main stages of fighting an unfair tax assessment and why professional legal representation is critical to saving your money.
What to do when your business books are rejected? An in-depth guide to dealing with the appeals committee
Most business owners don’t think about their books until someone comes to check them. Then – the message comes: “We have decided to disqualify your books for the tax year under review.” Three words that can break the back of a business. Disqualification of books is not just an accounting warning sign – it is […]
Dangerous beauty: A surprise audit of beauticians and home care workers – and how it quickly turns into a financial nightmare
Beauticians, is your home business a target? The Tax Authority is cracking down on “informal” beauty and laser salons. Discover the 5 fatal mistakes that lead to indictments and how to handle auditors with expert advice from Attorney Yaniv Ish-Shalom.
A surprise that’s not the pleasant kind: How to deal with a surprise audit from the bookkeeping department
The phone rings, or a knock on the door interrupts your routine morning at work. Two polite people introduce themselves: “Hello, we’re from the IRS. A surprise audit of the accounting department.” Not a trick. Not a joke. Not a bad dream. This is a real event, with real consequences – and one of the […]
Airline ticket for problems: What happens when you violate the personal import exemption provisions by mail?
Who doesn’t love ordering something online? One click – and the path from the wide world straight to our living room is shorter than ever. A shirt from Milan, a perfume from Paris, a gadget from Singapore – everything is accessible and available. But what many don’t know is that under the blanket of digital […]
Alone is always expensive: Why professional guidance in a VAT investigation is not a luxury but a necessity
A VAT investigation is not just another form to fill out. It is a dramatic event that could shake up anyone’s private life, your business, your account – the tax authorities have many and varied tools, many powers enshrined in law, and investigative mechanisms that sometimes resemble episodes in a crime series – only in […]
VAT Investigations: Everything You Need to Know and How to Get Out of It Safely
For most business owners, the term “VAT investigation” sounds like something that happens to others. Until it happens to you. A suspicious phone call, a sudden visit to the office, or a seemingly innocent request to hand over documents — and suddenly you’re in the eye of the storm. VAT investigations are not only a […]
Income tax assessment objection: When the state decides what you earned – and you are the one who has to prove otherwise
You don’t have to be an accountant to understand that an annual report is a complex matter. But you also don’t have to be a criminal to suddenly discover that the Tax Authority thinks you owe hundreds of thousands of shekels – even though you’re absolutely sure you’ve paid everything you need to. The income […]
Ransom instead of criminal proceedings: The most expensive (but perhaps the smartest) compromise you will ever make
In the real world, not everyone who commits a criminal offense is sent to court – and fortunately, not every mistake on a VAT return or accidental tax evasion ends in an indictment. Sometimes, there is a middle ground. In the middle is the “ransom”: a tool that allows the Tax Authority and the suspect […]