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Israel Amends Regulations for Three-Tiered Transfer Pricing Documentation Requirements

|Approved Changes|Israel
Israel

Israel published the Income Tax Regulations (Determining Market Conditions) (Amendment) 2022 on 22 September 2022, which takes into account the amendments to the Income Tax Ordinance adopted on 30 June 2022 for the introduction of the three-tiered transfer pricing documentation requirements of BEPS Action 13. The amendments to the Regulations are in line with the amendments to the Ordinance, i…

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