Tax IT Compliance Services

We have the tools, the knowledge and expertise to upgrade your compliance, and by that to reduce tax exposure, streamline processes and save valuable resources.

Over the last few years, a slew of new regulations require more and more electronic reporting. This is why PwC Israel's Tax Group has established a new department, specializing at IT compliance relating to tax and other related domains. Our team have rich experience in providing professional advice to leading organizations in the Israeli economy. Our experts assess conformity of IT systems with key regulatory provisions in Israel, such as Income Tax Rules (Bookkeeping)- 1973, the Income Tax Ordinance, withholding regulations, the Value Added Tax Law, 1976 and more.

Our services include analyzing any gaps between processes/systems and provisions in tax law, and then providing recommendations as to the best avenues to close those gaps. Follow-up tests are later implemented to examine resolution actions. We aim to optimize the tax IT compliance to keep your company at the forefront of compliance.

Our Tax IT Compliance Leader, is a CPA and also a qualified data analyst and computer programmer. The team provides personalized services and a broad scope of customized solutions. 

Our Services

Efficiency and savings:

  •  E-documents – consult regarding implementation and integration of systems   for sending invoices via email
  • Assess compliance of existing processes with bookkeeping regulations
  • Consult regarding implementation of invoice e-archives (including examination of existing processes and systems)

Legal framework:

  • Support in localization of IT systems, to comply with bookkeeping provisions (including software registration): online VAT reporting, tax withholding reporting, Form 6111 (filing financial statements to Israel Tax Authority(ITA)), producing files using the format mandated by ITA, and reporting PPEs (including depreciation and capital gains)
  •  Support for taxpayer in preparing for online reporting, including: VAT, withholding (Form 856), excise refunds, etc.
  • Handling rejections of books of accounts and tax audits; suggest resolution to comply with court rulings
  • Preparation for compliance with uniform file format requirements, including analysis and reduction of related exposures

 

 

Contact us

Avishay Bardugo

Avishay Bardugo

Tax Partner , PwC Israel

Tel: +972 3 7954833

Uri Daliot

Uri Daliot

Tax Director, PwC Israel

Tel: +972 3 7954405