1-3-2018 Netanyahu assembles team to address U.S. tax reform - Omri Milman and Orr Hirschauge If Americans Knew

https://israelpalestinenews.org/netanyahu-assembles-team-address-u-s-tax-reform/?eType=EmailBlastContent&eId=215a03cb-2e4e-4215-ad57-e7a3921a507a

The reform poses challenges for Israel regarding both U.S.-based corporations and Israeli companies that operate in the U.S. It creates negative incentives for operating businesses outside the U.S. While Israel's 2016 corporate tax and intellectual tax property reform increased Israel's competitiveness compared to the U.S., now that competitiveness has been impacted…The reform may have significant implications for Israel's economy, and specifically for the country's burgeoning innovation industry. According to Aviram Zolti, head of the operational division of Israel's government innovation investment arm, the reform is expected to drive up the costs of operating Israeli research and development, like the ones created by hundreds of multinational corporations, many of which are U.S.-based.

Posted by Judith Ferster, AIME member