Articles

Real estate investment trusts (“REITs”) have been around for more than fifty years. First established in the US by the US Congress in 1960 to allow individual investors to invest in large scale, income-producing real estate. REITs were introduced in Israel in 2006.  REITs provide a way for individual investors … Read More..

Donald Trump’s election, and the continuing control of Congress by the GOP, are expected to bring about tax law changes for individuals and businesses.  Throughout his campaign, President-elect Trump promised to take up tax reform, including reduced income tax rates, expanded tax breaks for families, and the repeal of the … Read More..

Several popular celebrities in the U.S. have been saying that they will move out of the U.S. if the election does not go their way. “Breaking Bad” star Bryan Cranston says he will “absolutely” move to Canada if Donald Trump is elected President on November 8. Cranston joins other celebrities, … Read More..

Since the launch of Indiegogo, one of the largest networks for entrepreneurs, we have seen many small businesses and entrepreneurs flourish and benefit from the aid of this industry. However, being successful in startup fundraising via crowdfunding is not as easy as it seems. It comes with a lot of … Read More..

The IRS estimates that more than 7 million individual taxpayers didn’t file a 2014 tax return. The IRS bases this estimate on information statements it received for taxpayers who should have filed but didn’t.

For those individual taxpayers that don’t file yearly information returns, the consequences can be severe. The IRS … Read More..

What is FBAR?
FBAR is an acronym for the Foreign Bank Account Report. For over 40 years, all Americans with foreign bank or other financial accounts meeting certain requirements have had to report these accounts to the IRS, whether they live in the US or overseas. Over the last few years, … Read More..

Overview
The United States securities market regulator has amended the regulations governing capital markets in order to give private companies greater access to capital and make it easier for certain companies to go public on US exchanges.

The changes cover registration requirements, disclosure and reporting requirements, and eligible shareholders, and liability issues.

The … Read More..

When a shareholder dies the right to his interest in the shares will pass to whoever inherits them under his will. The deceased shareholder’s rights will be administered by his or her executors. The company has to accept evidence of probate of the will to establish the rights of the … Read More..

The recent inauguration of amendment act no. 222 in Israeli tax law has brought significant changes in legislation on REITs (Real Estate Investment Trusts) in Israel and has introduced a new term to the tax law – Rental Housing Real Estate Investment Trust. In this article we will elaborate on … Read More..

Real Estate Investment Trusts in Israel 2015

Real Estate Investment Trusts (Short – REIT) deal mainly with Income Producing Real Estate. A REIT is a corporation that holds and manages Income producing real estate, such as office buildings, shopping centers, hotels, warehouses, rental apartments etc. A public recognition by the authorities … Read More..

Overview of the operation of VAT in Republic of Ireland
Summary

Thresholds for registration
VAT rates & their application
Registration & compliance
Place of supply rules
Entitlement to VAT inputs/refunds
Practicalities of registration for foreign traders
VAT on real estate purchase/letting

Thresholds for Registration
In broad terms, under Irish law, a trader must … Read More..

The world diamond industry and the Israeli diamond industry for that matter has its beginnings in the fifteenth century, when a Jewish diamond cutter Lodewyk van Berken from Belgium invented the scaif.

The world diamond industry and the Israeli diamond industry for that matter has its beginnings in the fifteenth century, … Read More..

In the last few years, the offshore company establishment industry has been gathering momentum. According to present estimates, over 60% of the money in the world is flowing through or held by offshore tax havens

There is almost no company with international commercial ties seeking to be competitive, that does not … Read More..

Many Israeli, American and European clients who have begun startup companies and are looking for ways to raise capital and expand their businesses should start considering the corporate entities made available by the United States.
During 2012, there has been enacted great legislation called the “Jumpstart Our Business Startups Act” (or … Read More..

Q. What is an FBAR?
A. An FBAR is a Report of Foreign Bank and Financial Accounts. The form number is TD F 90-22.1 (PDF).
Q. Who must file an FBAR?
A. Any United States person who has a financial interest in or signature authority or other authority over any financial account in a … Read More..