Israel Exempts Post-1948 Immigrants, Foreign Residents, from Most Inheritance Taxes
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Israel Exempts Post-1948 Immigrants, Foreign Residents, from Most Inheritance Taxes

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The Department of Internal Revenue said that all immigrants or foreign residents who arrived in Israel after 1948 are entitled to exemption from inheritance taxes on large portions of their estates. The exemption applies to a person’s total assets overseas and all assets sent to Israel before he settled here, the department said.

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