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VAT rate Increase to 18%, effective January 1, 2025
- ZW
- 14 באוג׳ 2024
- זמן קריאה 1 דקות
🚨 VAT Alert for Israel 🚨
Exciting news from the latest Global Tax Insights newsletter by Morison Global! 🌍
Our firm, Zitnitski Weinstein & Co., is proud to share that Ariel Zitnitski, CPA, ADV, and Haim Nathan, CPA, contributed an important article on the upcoming increase in Israel's VAT rate from 17% to 18%, effective 1 January 2025. 📈
This change is especially significant for foreign clients not registered for Israeli VAT purposes, as it impacts the cost structure for those unable to recover VAT costs. The article provides critical insights into how the new regulations will affect sales of goods, real estate, construction work, and the import of goods.
🔗 [Link to the full newsletter]:
If you're dealing with international VAT matters, or simply want to stay informed on the latest tax changes, this is a must-read!
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