On 24 April 2013, draft proposals were published and presented to the Israeli government for approval as part of the Economic Arrangements Bill whose stated purpose is the reduction of the deficit.
As a result, Anglo Capital Limited has published a guide to assist our clients and potential clients in understanding the ramifications of the proposed legislation.
Note: A White Paper was submitted to the Israeli government on 24 May 2013. Not all of the proposals in the draft proposals are the same as in the white paper. When the final law is passed, we will send further updates in this regard.
Americans in Israel face new and complex reporting requirements on their investments and bank accounts. Most Israeli banks and investment companies are unable or unwilling to provide the paperwork that you need to support your tax return. That's why your accountant will be advising you to move your money into US-compliant investment products.
Anglo Capital Limited understands the needs of Anglos in Israel and can help you invest in a wide range of investments with an SEC-regulated portfolio manager providing all the paperwork you need for the IRS.
Anglo Capital Limited will be a corporate sponsort at the STEP Israel Seminar at the Dan Hotel in Tel Aviv.
Philip Braude, CEO Anglo Capital Limited, will be addressing the topic of Israeli Regulatory Compliance.
European Family Office
Philip Braude will be addressing the European Family Office & Private Wealth Management Forum in Geneva, 7 June 2013. The topic of the session is "What are some of the Legal & Accounting challenges facing Family Offices?"
Join Israel Private Client Forum
The Israel Private Client Forum is an online community of professionals servicing Private Clients with a nexus to Israel.
The range of expertise represented by group members includes: - International Private Banking - Israeli, US & International Tax Planning - Israeli tax reporting - Estate Planning - Offshore Trusts - Wealth management - Regulatory Compliance - Financial Planning - Legal issues - Integration of Jewish law