Monday, 6 March 2017

Israeli Parliament proposes transfer pricing amendments

In January 2017, a proposed amendment to the Israeli Tax Ordinance (ITO) that includes transfer pricing provisions passed the first reading (out of three) in the Israeli parliament. Although little information is provided, the proposed legislation seems to align with Action 13 of the OECD’s Base Erosion and Profit Shifting (BEPS) project.

Source & more info: PwC