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Updates:
January 6, 2010
Shpilberg CPAs Firm is the first Israeli member of Integra International (www.integra-international.net), a global net of Accounting and Consulting firms in more than 50 countries.
July 1, 2009:
Our accounting firm moved to new premises at Shekel Towers, 168 Jabotinski st. Bnei-Brak.
December 20, 2008:
The new website of Shpilberg CPA is in the Internet
Israel Taxes 2011 (July 2011)
The new corporate income tax rate in Israel for 2011 is 24% compared to the 25% rate in 2010.Personal income tax rates for 2011 remain at 10%-45% with slight changes of the tax brackets compared to 2010.
The V.A.T rate in 2011 remains at 16%, the same as in 2010.
Israel Taxes 2010 (May 2010)
There are some significant changes in 2010.
In 2010 Israel's corporate income tax rate is 25% (previous rate-26%).The corporate tax rate will be further reduced to 24% in 2011, down to 18% in 2016.
Individual income tax rates in 2010 are 10%-45%.
The top marginal income tax rate for individuals will be reduced to 44% in 2012 down to 39% in 2016.
There are reduced tax rates for passive income, e.g. flat rental and interest.
There are also tax updates regarding Value Added Tax and social security.
To read our complete article please visit Integra International's site.