Orbitax
On 9 November 2020, the Finance Committee of the Israeli Knesset (parliament) approved regulations providing a temporary depreciation relief to support companies in light of the COVID-19 pandemic. This includes that the straight-line depreciation rates for assets purchased from 1 September 2020 and 30 June 2021 may be doubled.
Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.
Free trial available. Cancel anytime. Free Orbitax account required.
Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.