Advice and assistance to Israeli and foreign individuals in applying for Voluntary Disclosure through the available legal options while formulating reporting approaches in accordance with the recent instructions of the Israeli Tax Authority. Our firm also specializes in an on-going, discreet and sensitive representation at the Israeli tax authorities and, if applicable, in civil and criminal courts.
We provide legal representation for individuals and companies, who operate in arenas of real estate, energy, industry, finance, entrepreneurship etc, on tax issues and on real estate taxation in particular. Our services include legal representation at the various tax authorities, such as departments and bureaus in charge of real estate taxation. As part of our services, our firm files objections and appeals of tax assessments and, whenever applicable, also files administrative appeals and petitions to the Supreme Court.
Our firm provides advice and legal opinions to individuals and companies for optimizing their tax payments under Israeli regulations and international treaties. Furthermore, our office also provides legal advice on taxation issues such as returning residents, staff relocation, immigration, international taxation of artists and athletes and trusts. The scope of our services includes incorporation of offshore companies overseas, advice on European directives, American taxation (taxation of U.S. citizens acting in Israel in particular), LLCs, taxation of partnerships, intellectual property taxation and taxation of artists and athletes.
Real Estate Taxation
Samuel & Co. specializes in providing a comprehensive set of services in the realm of real estate taxation, starting from a preliminary assessment in accordance with the nature of each transaction through preliminary assessments and formulation of tax strategy plans, designed to optimize the tax rates levied on a client. Furthermore, whenever required and advisable, we provide legal representation at the tax authorities; inter alia, filing administrative appeals and pursuing legal actions and remedies in court.
Specialized Real Estate Taxation
Contractors, entrepreneurs and professionals specializing in real estate, such as attorneys, CPAs and tax consultants benefit from our tax expertise on a regular basis. We advise them on any tax issue that might arise, whether it is corporate taxation or residential taxation, combination transactions, collective buying, TMA 38 or the taxation of foreign consultants.
Our firm provides an ongoing legal advice on tax matters affecting corporations, partnerships and non-profit organizations. As part of services, we draft effective tax plans, which take into consideration numerous concerns such as controlling shareholders, employees, foreign consultant, freelancers, capital gains, mergers and acquisitions etc. These tax planning services are followed by legal representation and litigation at the relevant authorities and tribunals.
Income Tax and Value Added Tax (VAT)
Joseph Samuel & Co. advices and represents individuals and entities in handling their income tax and VAT concerns. Tax refunds, employees' taxation, NGOs' taxation, corporate taxation, capital gains taxation, custom and levies, tax adjustments are only a small fraction of our areas of expertise alongside issues related to invoices and legal representation at the relevant authorities, collection agencies and tribunals.
Transnational Legal Advice
Not only is our firm associated with CPA firms, engineers, appraisers and leading tax advisors in Israel, it also benefits from a long term professional relationships with leading American, British, Italian, Spanish and Turkish legal firms. These professional relationships allow us to promptly address international aspects of our clients' needs.
Belated Reporting of Concealed Income and Property
In early September 2014, The Israel Tax Authority announced a new procedure, designed to allow Israeli citizens and residents, who had failed to report certain types of income in recent years, to report them, provided they would make a late tax payment, while avoiding penalty. The procedure exempts from penalties and prosecution, inter alia, citizens, who had not reported an income from foreign banks accounts. The procedure also applies to citizen who didn’t report income derived from rent in Israel or abroad and citizens who didn’t report income from sale of inherited assets abroad... read more