Setting Things Straight – Restitution, Temporary Imports and More Restitution
06 January, 2021
Importers and exporters do not always succeed in realizing the tax exemption and return tracks offered by the Israel Tax Authority. In this webinar we set things straight, reviewing some of the most common tracks.
What is restitution for goods who are subject to a manufacturing process?
What is a conditional exemption for temporary import under Article 212?
What is restitution under Section 156 of the Customs Ordinance?
Do the different tracks interact?
Can one expect a tax return in this track?