The Israel Tax Authority announced recently
that the temporary Voluntary Disclosure Program will remain in effect
until June 30, 2016. Israelis with
undeclared capital and income may apply to the Israel Tax Authority under the Voluntary
Disclosure Program, in order to avoid criminal proceedings.
The original expiration date was scheduled to
be September 7, 2015, but has been extended to be June 30, 2016. As a result,
Israelis can still submit applications under the anonymous route, as well as
the shortened route, as detailed in the Voluntary Disclosure Program.
See more here –
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