From start-ups to multinationals, when businesses begin to operate globlally, the adoption of an international taxation strategy becomes paramount.
Complex tax legislation and double taxation treaties require accurate tax planning and call for the most experienced and trusted counsel. Our team advises corporations of all sizes on the intricate nature of local tax legislation and international tax treaties so that clients can enforce a practical taxation strategy to efficiently comply with each country's tax regime.
Services
We provide international taxation advice in relation to:
Cross-border mergers and acquisitions and reorganizations.
Formulating cross-border financing strategies.
Planning for utilization of foreign tax credits.
Transferring intellectual property rights to jurisdictions with preferable tax treatment.
Maximizing opportunities for deferring payment of tax in Israel on profits from foreign countries.
Reduction of tax rates paid in foreign countries.
Legal documentation and tax protection with respect to transferring capital between companies.
Assisting international real estate investments.
Voluntary Disclosure in Israel and the US.
Recent international regulation imposed on banks, and particularly FATCA (applicable to US citizens), make it extremely difficult to have bank accounts in foreign countries without making suitable arrangements with the tax authorities.
Through the voluntary disclosure program, the tax authority is interested in encouraging taxpayers, dealers, individuals and corporate officers who have committed tax offences to repair their tax returns, disclose correct data and avoid legal proceedings.
ZAG-S&W’s Tax, Anti-money Laundering and Regulation department has had significant success and a proven track record in voluntary disclosure proceedings. Our attorneys have extensive experience in analyzing raw material received from banks abroad and negotiating with the assessing officers with regards to the final amounts due.
