As many of you in Israel may have heard, a major change to the U.S. Tax Code has been proposed and is being negotiated (perhaps fought over) by various constituent groups, and their lobbyists. Many companies in Israel have U.S. operations and thus U.S. deferred compensation arrangements. These could be fundamentally changed if the Administration's proposal is adopted without modification.
Please see this link here from my colleagues for a short explanation.
Stay tuned.....
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
