The storm of legal reform: Eran Ya’akov, director of the Tax Authority, today (Thursday) during the annual Duns 100 forum conference of tax branch executives, referred to the announcements made by senior executives of various hi-tech companies, who declared that they were withdrawing their money from the state – this as part of their protest on the issue. “As a professional and as a citizen, I am troubled by one thing, sometimes in the discourse from a financial perspective, there is a gap between the discourse and the atmosphere and the statements of the companies regarding the transfer of funds. It is allowed to transfer the funds, but one must pay attention that sometimes things do not turn out the way they wanted and creates a process that no one intended,” he said At the beginning of his words, “These statements may directly or indirectly affect the economy and investments.”
He added: “I think it is necessary, proper and obligatory to hold a different discourse. On the issue of taxes, the State of Israel has a very favorable tax regime for doing business, of course there are things that need to be handled bureaucratically. On the issue of investments by international companies that come to Israel, they enjoy low tax rates and many benefits “. According to him, there is an excellent ecosystem in Israel, with some of the smartest people in the world enabling a good economy and great initiative.
“It bothers me that companies from around the world are trying to drain the Israeli mind, it makes me angry to know that creative people who grew up and were educated here try not to pay taxes, there are populations with a reduced awareness of paying taxes,” stressed Ya’akov, “in recent years I’ve been trying to build a strong relationship with the public and raise their trust Public, the way to do this is through transparency and disclosure of the authority’s strategy alongside upgrading the service provided to the citizen. Finally, in order to strengthen the economy and investments in Israel, we need to continue as a state and as an authority to deal with the bureaucracy and create business convenience. Create smoother banking.”