Home > News > Your Taxes: Israeli tax breaks for business get even better
May 29th, 2007
Your Taxes: Israeli tax breaks for business get even better
Abstract:
* Privileged Enterprises and Approved Enterprises must be competitive and not overly dependent on the market of any one country - in practice, this translates into a 25% export requirement in all industries except biotechnology and nanotechnology.
Suppose your company does not meet the export requirement and is not in the bio or nano sectors? The new regulations let companies enjoy the preferential tax regime if they supply components to other Israeli companies for incorporation in products which are exported. This is colloquially referred to as "indirect exports."
Source:
jpost.com
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