The Window for Tax Benefits for Returning Residents Is Closing Soon
Published
Anyone planning to return to live in Israel needs to pay attention to timing. According to a new episode of the program "Lada'at Lehachlit" ("To Know How to Decide"), the window for tax benefits for returning residents and new immigrants is closing soon. The episode features Adv. and CPA Avidor Lapid, who explains the subject.
The episode explains which benefits returning residents and new immigrants may receive. These benefits can affect the tax they pay in the first years after returning to Israel. Therefore, it is important to understand in advance who is eligible and what the conditions are.
In addition, Avidor Lapid discusses pitfalls that one may fall into. According to him, there are things that must be checked in time so as not to lose benefits. Anyone who wishes to return to live in Israel can check the details independently, or seek professional advice before making a decision.
In summary, anyone considering returning to Israel should check the benefits in time. Once the window closes, these benefits can no longer be claimed, so it is advisable not to wait and to get updated now.
Sources: calcalist
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