Tax Overview

The department handles a wide variety of taxpayers, from multinational concerns and companies, partnerships, non-profit associations and individual taxpayers.

Department teams strive to provide each client with continuous and broad help. They accompany them in their transactions including representations to the tax authorities and other regulators, tax planning at all levels, and thorough opinions on complex tax problems.

In line with the operating structure of the firm’s audit practice, industry focused areas of experience were also developed in the taxation department. The firm relies on the extensive experience of the department’s partners, managers and employees in these areas of concentration.

The tax department has two areas of specialization:

Israeli taxation
KPMG Somekh Chaikin’s Israeli taxation practice handles a variety of Israeli taxation problems. It both provides consultation to the client and accompanies the client to meetings with tax and other authorities

The firm’s professionals are thoroughly acquainted with many tax aspects, are familiar with the latest regulations, and are trained in working with the tax authority departments. Our extensive experience in handling complex tax questions helps enable us to provide added value for companies in requests for pre-rulings, as well as in matters relating to mergers and holdings of controlling shareholders.

International taxation
The name of the game in today’s business world is globalization. Any enterprise wishing to develop its business must adopt an international tax strategy suitable to its business.

In cooperation with other KPMG member firm offices around the world helps KPMG Somekh Chaikin’s international taxation practice to provide enterprises with direct access to some of the world’s best advisory services. Clients may obtain unique added value in the form of  thorough approach to its international tax problems.

International taxation department teams are responsible for tax planning with respect to worldwide investments of Israeli residents. They also provide strategies for foreign investors wishing to do business in Israel, or to invest in assets in Israel.

The taxation department has a U.S. tax desk, headed by a senior manager from the United States, who handles American tax problems.

The teams of the international taxation practice are responsible for tax planning with respect to investments of Israeli residents around the world and for providing solutions to foreign investors that are interested in doing business in Israel or investing in assets in Israel.

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