Type: Legislation The Israeli Ministry of Finance is developing an electronic invoicing system based on Continuous Transaction Control (CTC). The intention is to address the significant “fictions invoice” fraud issue,...
Type: Legislation A plan to extend Israeli VAT collection responsibilities to international providers and digital platforms for digital or electronic services is part of the budget the Israeli government is...
Type: Draft Legislation Before the 2023–2024 budget process, the Israeli Ministry of Finance announced its economic strategy for the benefit of the general public. It also provides a suggested electronic...
Israel is one of the countries that is trying to fight VAT fraud by implementing technical solutions to identify and follow business transactions. The Israeli government announced that they will...
