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When is an Israeli tax representation letter needed?

1 See in Base
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In certain situations, a fund may require some or all incoming LPs fill out and sign an Israeli tax representation letter. Contributing factors could involve:
  • The fund manager residing in Israel;
  • At least some if not all of the LPs residing in Israel;
  • The fund having one or more entities domiciled in Israel.

There is often a lot of complexity at play, and the Israeli regulatory authorities are usually involved - please consult qualified and experienced Israeli  (tax) counsel to determine if this is applicable to your specific set of circumstances. 

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