VAT
Everything we tagged under this topic, newest first.
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.
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.
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.
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.