Many businesses in Israel might not “merit” a surprise inspection from the Tax Authority (רשות המסים). However, if you are one of the “lucky” ones, here are a few things to keep in mind that my staff and I noticed during one such visit to one...
The word fashla is Hebrew colloquial for “screw-up”. And yes, even your accountant, an Israeli charity’s best friend, can make a few. As a banker I see this particular slip-up more often than you think. Here are two ways to avoid your accountant inadvertently putting...