Israel Tax Authority Issues New MAP Guidance

On 17 August 2023, the Israel Tax Authority published Income Tax Circular No. 2023/01, which provides guidance on the mutual agreement procedures (MAP) under Israel's tax treaties. The Circular covers:

• The competent authority for MAP;
• MAP cases, including that a taxpayer may bring a MAP case before the competent authority of their state of residence if the actions of one or both contracting states cause or are likely to cause taxation not in accordance with a tax treaty;
• The procedure for s…