This is a thought leadership article by PrimeGlobal member firm BROIDE & Co. which looks at the taxation of trusts in Israel and the implications for grantors and trustees of trusts with Israeli beneficiaries.
The below document looks closely at classification of trusts and income tax factors whilst also providing a 10-Year “Tax Holiday” overview and an in depth review of Israeli tax filing and trusts with Israeli Beneficiaries.
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Broide & Co.
Broide & Co. is a Jerusalem-based CPA firm founded in 1976, providing expertise in auditing, taxation, management and business consulting services. Our taxation department provides special services to individuals, trusts and corporations, including planning and reports. Our professional team provides high-quality, efficient services to clients in Jerusalem and the Greater Tel-Aviv area. Our firm is characterized by it's unique combination of professionalism with close and personal involvement in client business and financial matters. Our competent staff has substantial international experience, and they work closely with clients' lawyers, bankers, financial and other professional advisors. We develop and maintain very close personal relationships with our clients, working essentially as part of their team. That is really why we call ourselves the "Broide Team".Learn more