Blog, Articles, and Alerts
Visit here to read David's current blog and other articles.
On Jan. 1, 2014, a new law came into effect in Israel that for the first time taxes foreign trusts (i.e. trusts with non-Israeli settlors, such as trusts created by US persons with at least one Israeli resident beneficiary) and/or their Israeli resident beneficiaries, and subject then to new reporting obligations.
Basically these “Israeli beneficiary trusts” are classified in one of two ways with each taxed differently:
Time is quickly running out if this applies to you and you have not yet made the appropriate arrangements.
0 Comments
Your comment will be posted after it is approved.
Leave a Reply. |
Archives
April 2019
Categories
All
|
David S. Neufeld, Shareholder, Flaster Greenberg PC
1810 Chapel Avenue West | Cherry Hill, NJ 08002 856.382.2257 | david.neufeld@flastergreenberg.com Internationally Recognized Tax and Estate Planning Attorney |