Sorry Google || Israel seeks to tax local profits of multinational Internet giants
Tax authority hopes closing a loophole will open access to some of the billions that companies like Google and Facebook shield by shuttling profits.
With the aid of sophisticated tax planning, multinational Internet mammoths avoid paying taxes on their profits in Israel — and in most other countries — but the Israel Tax Authority is planning to get them to pony up.
register with haaretz
Like us on Facebook and get articles directly in your news feed