Filing Deadline for New Tax Law in Israel Extended

The filing deadline for the new law that requires reporting requirements and removes tax-exempt status for trusts and Israeli resident beneficiaries  has been moved. According to the Israeli Tax Authority the previous deadline that passed yesterday has been extended to June 30, 2015.

See Debra Hirsch & Sara Weinberg, Israel Tax Authority Delays Reporting Deadline for New Law, Wealth Management, Dec. 30, 2014.