Ransom and tax arrangements/Voluntary Disclosure

In some cases and according to different criteria, the tax authorities are authorized to convert tax offenses into a ransom payment. Payment of a ransom is an option sometimes given to a person suspected of tax offenses, as a substitute for bringing him to a criminal trial.

The Tax Authority has ransom committees that deal with many issues, which are: VAT, income tax, purchase tax, real estate taxation.

If the ransom committee decides on the ransom payment and the ransom payment has been paid, no indictment will be filed against the suspect. If an indictment has already been filed – he must be dismissed while the criminal proceedings are adjourned. Our office works to achieve ransom arrangements for various taxpayer vis-à-vis the relevant assessing Officers.

Our firm has great success in concluding criminal proceedings in ransom arrangements