I know this is cold by now, but I was unplesantly reminded today that payment for work by a corportation in stock is taxed as WAGES when the stock is sold.
So instead of paying Israeli capital gains tax (15% for a public company, 25% for a private one), you pay full income tax, health tax, national insurance etc. If you are paid reasonable wages (Mas Hacnasa decides what is resonable), then the stock is considered a benefit and taxed as a capital gain. As always contact a comptent TAX lawyer before signing any contract. Geoff. -- Geoffrey S. Mendelson, Jerusalem, Israel [EMAIL PROTECTED] N3OWJ/4X1GM IL Voice: (077)-424-1667 IL Fax: 972-2-648-1443 U.S. Voice: 1-215-821-1838 VoN Skype: mendelsonfamily ================================================================= 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]
