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New immigrants (OLIM) are exempt from tax on all income and capital gain derived outside of Israel for ten years. This tax exemption covers all income...

Imortant message for OLIM

July 25, 2017

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Imortant message for OLIM

July 25, 2017

New immigrants (OLIM) are exempt from tax on all income and capital gain derived outside of Israel for ten years. This tax exemption covers all income, active or passive, such as interest, dividends, pensions, royalties and rental of assets. All income, whether from the realization of assets and investments abroad or from regular income abroad, is tax exempt, also new immigrants are exempt from reporting their tax exempt income and foreign assets for ten years.

Romano Blanga & Co. specialize with handling all tax issues concerning Olim Hadashim and senior returning residents.

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Romano Blanga & Co. Acountants

Specializes in finding solutions to businessmen
 

24 Raoul Wallenberg St., Ziv Towers Bldg D,

Tel Aviv 6971924, Israel

Phone: 03-6442277  | Fax: 03-6443113

Email: office@brc-cpa.co.il