Syllabus - Tax Law B (55511)

Course/Module Content:
Part One - Taxation of capital gains -
Introduction to capital gains -
Characteristics of the capital gain and the ratio between capital income and income from effort..

o Am"h 1036/00 Friedland v. PS, taxes q / 1 the 147.
o Am"h 63/97 Perez Nava v. PS, taxes p / 5 8.
o Am"h 1009/99 according to districts Petroleum Terminals and Pipelines Ltd. v. AOLE, R / 3 21.
Section 88 - Definitions
Property -
o CA 182/72 will bless Zvi v. TA PS 3, PD 447 Twenty-seventh
o Am"h 5105/97 Hayon v. PS Haifa, taxes p / 2 - 16.
o Am"h 169/87 PS Shankar v. Kfar Saba, Fd"a XVII 251
Sale
Am"h 343/67 PS Klein Andras v. TA 2, Fd"a A (15) 263
Value
o Am"h 221/00 Pritzker v. PS, taxes q / 1 4 1.
o Am"h 100/92 Union v. AOLE, taxes o / 2 e - 5.
Original price close
o CA 496/93 PS Haifa v. Moses Samo, taxes eleventh one the five
o Am"h 334/86 Gimpel Lilly v. PS TA 4, Fd"a Tu 259
o CA 487/79 Chemovil v. PS Haifa, PD Emergency Services 598
Depreciation, the balance of the original price / Generic, Purchase Day Index

Calculate the capital gain -
The amount of inflationary gain, taxable inflationary amount
Real capital gains, capital loss

Capital gains in the sale of goodwill -
CA 7543/98 Shlomo Sharon; AE 5321/98 Invest Impex Ltd., Civil Appeal 5936/98 Shlomo Harari; CA 7479/98 Leon Ben Assouli; AE 6690/99 Jacob Miller, taxes pcs / 1 1 (the union of the five appeals).

Section 89 - Method of taxation.
Taxation of capital gains and geographic scope -
o CA 418/86 h. Rosin v. Director of Customs, Taxation c / 4 (July 1989) 4.
o HC 279/51 Amsterdam v. Minister of Finance, PD and (2), 945.

Tax rates, advance payment on capital gain - Section 91
• tax rates.
• Reporting and advance payment - 91 (d).
• older properties - Section 91 (f).
• Spreading of capital gain - Section 91 (e).
• Expropriation - Section 91 (f).
Capital gains exemptions - Sections 97 (a) (1) - (5), (b) (1) of the Ordinance
o Am"h 35/82 Isaac Mizrahi v. PS example, Fd"a XII 269
o CA 271/83 Graber v. PS Haifa, Fd"a XIII 161
o Am"h 54/90 Cohen v. PS TA 5, Fd"a about 298
Offsetting capital losses - Section 92
o CA 14/85 Zissu Goldstein v. PS Haifa, Fd"a YD 59
o Am"h 6/93 Rare Staff v. PS example, the tax T-4 - 93
o Am"h 16/95 m. Gelles v. PS example, the tax XI 1 - 18
Replacement of assets - Sections 96, 27 of the Ordinance
o Am"h 130/81 Ashkenazi v. PS TA 2, Fd"a XII 229
o Am"h 8/84 Aaron Joseph N. PS TA 2, Fd"a YD 3
o Am"h 193/89 Israel Charny v. PS Acre, Fd"a Tes 209, the taxes / 3 of the 12th
Rezoning - Section 100 of the Ordinance
o CA 20/63 Ben-Zvi v. PS Beit Hadar Tel Aviv-Jaffa 1, PD XVII 1963
o CA 221/65 Cohen v. PS Gan, PD about (2) 421
Taxpayer ceased to be resident in Israel - Section 100 a.

Part II - Taxation of capital market and options to employees -
• Definitions - Section 88
• Tax rates - Section 91
• Income Tax Regulations (Capital gains Calculating the capital gain from sale of securities traded on the stock market, Government loans or mutual fund units)
• Mutual Funds - Section 129 c
• Exemptions for foreign residents - Sections 97 (2), 97 (3)
• Future transactions - Income Tax Regulations (calculation of capital gain in a future deal)
• Interest income and dividend income - Sections 125 B, 125 C
• offsetting losses in the capital market - Article 92
• allocation of shares to employees

Definitions
Taxation of income generated from sale of shares issued to employees under the various programs.
Relationship between Article 102 Section 3 (i) of the Ordinance
Comparison of Section 102 before and after amendment 132
Tax calculation and tax rates.
Income Tax Ordinance Sections 102, 3 (T)
IRS Circular 2/2003
CA 7034/99 Yair Dr. N. PS can on 05/12/04
Am"h Hagai Katz v. PS