| Update: | Compliance Alert - Israel delays introduction of clearance CTC mandate once more |
| Date: | 202-02-27 |
The upcoming CTC mandate that the Israel Tax Authority (ITA) was introducing on 1 April 2024, has been officially delayed.
ITA has decided to grant an additional extension to taxpayers in the jurisdiction resulting from ongoing concerns stemming from the impact on the Israeli economy. The mandate is now set to commence on 5 May 2024, giving taxpayers an additional month to adhere to the CTC requirements and obligations.