The Israel Tax Authority (ITA) has published Income Tax Circular No. 1/2025 of 11 February 2025. The Circular provides a general overview of Israel's CbC reporting requirements, which apply for MNE groups with consolidated annual revenue exceeding ILS 3.4 billion in the previous year, with reports generally required within 12 months following the end of the reporting fiscal year. The CbC report form is Form 1685.
The Circular also provides guidance on where a CbC report should be filed:
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