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What Would Be The Outcome If An Israeli Resident Receives A Gift Or Inheritance From A Non-Israeli Resident?
March 2021
Attys. Moti Balilti and Josef Sternthal of our firm’s Tax Department, along with Leon Harris, a certified public accountant and tax specialist at Harris Horoviz Consulting & Tax Ltd. discuss Israel’s ‘tax traps’ on gifts or inheritances and how to avoid paying excess tax to the Israeli Tax Authority (ITA).