Where’s the Line? On the Disqualification of a Transaction Price by Customs
21 October, 2020
International agreements, as well as Israeli customs laws, stipulate that the value for the purpose of import taxes is determined according to the transaction price. Even so, in many cases we encounter situations where the Tax Authority disqualifies the transaction price on various grounds. The issue also reached the courts, resulting in interesting hearings and also criticism of the Tax Authority by the courts. In this zoom session we will shared various insights on the subject.