Intel in talks over NIS 2.3b tax bill

25.05.2012                      04.Siwan. 5772                    Tag 48 des Omer

Wirtschaft:

Intel in talks over NIS 2.3b tax bill

The company is prepared to pay taxes totaling NIS 2.3 billion if allowed to take the funds out of Israel.

Intel Corporation, the American semiconductor giant, is in negotiations with the Israeli government over the tax bill for a planned NIS 12 billion dividend it wants to pay out from funds it has accumulated in the country.
The company is prepared to pay taxes totaling NIS 2.3 billion if allowed to take the funds out of Israel. Its tax experts say that is the full amount of taxes due on the income, but some government officials say the company owes more….