A precedent-setting decision: The sale of shares in TAMA 38 companies is exempt from purchase tax
The sale of shares in TAMA 38 is not subject to purchase tax – so the District Court ruled in a recent ruling while rejecting the Tax Authority's position on the matter.
Adv. Racheli Guz-Lavi, a partner in the firm's tax department, was interviewed on the subject for "Globes".
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