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Israeli Court Rules NSO Engaged in Multi-Million Dollar Tax Evasion Scheme

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Calcalist · 2 hours ago

What happened

The Lod District Court ruled that NSO Group engaged in an artificial transaction to evade $8.6 million in dividend taxes by disguising payments as loan repayments. The court rejected NSO's appeal and imposed legal costs, emphasizing the importance of genuine commercial reasons in tax planning and protecting public revenue.

01Lod District Court ruled NSO evaded $8.6 million in dividend taxes through an artificial transaction.
02NSO used an Israeli shelf company to disguise dividend payments as loan repayments, reducing tax from 30% to 10%.
03The court rejected NSO's claim of valid commercial reasons for the transaction structure.
04NSO's appeal against the tax assessment was dismissed and ordered to pay 40,000 shekels in legal costs.
05The ruling underscores that tax planning cannot justify artificial deals aimed at tax avoidance.
06The decision strengthens enforcement against complex international tax evasion schemes involving related parties.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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