March 9, 2021
Recently, the Supreme Court ruled on the matter of the authority of the Director of Betterment Tax to handle applications for amendment of tax assessments following the lapse of 4 years, it being anticipated that many will now come forward and apply for a tax refund.
According to Adv. (CPA) Racheli Guz- Lavi, partner in our Tax Department, “In this manner, the Supreme Court expressed its preference to the tax payor’s proprietary right and his or her right to avoid over taxation. On a practical level, this is a significant development beneficial to tax payors.”
For the full article in Hebrew, please click here.