Israel’s Tax Law Brings Billionaire Home
Foreign income is untaxed, so movie producer Arnon Milchan moves back
| 2:00 PM Oct 13, 2009
Hoping to ignite a new wave of immigration, Israel changed its tax laws nearly a year ago, offering potential new arrivals, as well as those who’d left the country but are considering a return, a big break. According to the new rules, newcomers would pay no taxes on any foreign income for 10 years following ...