If you are a long-absent returning resident who came back to Israel after December 31, 2006, then you are eligible for the Ten-Year Tax Holiday.
Some of the benefits that this includes are:
- Full exemption on foreign sourced income
- Relief from reporting obligations
- An acclimatization period
- and more
Once you discuss your personal circumstances with a representative from HCC International Services, you will have a much more clearly defined picture of your personal benefits and exemptions.