Hi Ira, We haven't had any problem with getting the Israeli tax authorities to recognize domain registration expenses as business expenses. I suggest that your friend consult his accountant or maybe get a different accountant. "Tangibility" has never been a requirement for recognition as a business expense. We work with pakid hashuma in Jerusalem and in Kfar Saba. Regards,
- yba On Sun, 12 Jan 2003, Ira Abramov wrote: > The Israeli IRS: How to tax a website. > http://www.ynet.co.il/articles/0,7340,L-2366553,00.html > (this is for a few of my friends who went freelance in the last couple > of months). apperently DNS domain purchasing is not acceptable for tax > deduction (as purchases to enhance the business), since they are not a > tangible product. I could claim that by the same standard buying any > piece of software over the net (no CDs exchanging hand or ownership of > the software, only a license number is given, much like with a domain > name) then one should not be examplt from such purchases too. > > tax authorities are annoying... > > > > -- EE 77 7F 30 4A 64 2E C5 83 5F E7 49 A6 82 29 BA ~. .~ Tk Open Systems =}------------------------------------------------ooO--U--Ooo------------{= - [EMAIL PROTECTED] - tel: +972.2.679.5364, http://www.tkos.co.il - ================================================================= To unsubscribe, send mail to [EMAIL PROTECTED] with the word "unsubscribe" in the message body, e.g., run the command echo unsubscribe | mail [EMAIL PROTECTED]
