VAT
Everything we tagged under this topic, newest first.
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Accountant suspected of stealing from clients
A court lifted the publication ban on the suspect's details. Two parts of the case reach any business that hands its filing to a representative.
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Online VAT: daily settlement and same-day refunds
How Israel Invoice 2.0 would work: VAT due when the money arrives, daily netting against inputs, and the buyer paying VAT straight to the Authority.
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A fake invoice costs the business that received it
A construction company director is under investigation over NIS 26 million in suspect invoices. Deduct input VAT from an unlawful invoice and you lose it.
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The Tax Authority wants VAT the moment you get paid
A plan called Israel Invoice 2.0 would send VAT to the state at the time of the transaction instead of the 15th. Legislation pending, cash flow affected.