Change of Status of a Non-Israeli Company – Can it Trigger Israeli Tax Implications?
Categories: Tax
Multinational organizations sometimes amend or modify the status of companies in their portfolio. Such change may also apply to the legal classification of the entity, for example – change from a corporation into a limited liability company; or in the situs of a company. These changes are sometimes tax driven, while in most cases the objective of the change is to simplify the holding structure, to concentrate a group of entities into one jurisdiction, or to meet certain regulatory requirements.
