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Progress on Implementing Continuous Transaction Controls

Israel closer to introducing continuous transaction controls (CTCs) in tax system

Israel’s government approved the 2023-2024 budget on 24 February 2023 to introduce a continuous transaction control (CTC) model in its tax system.

This long-awaited move will have significant implications for businesses operating within the country. It is essential to know the changes that may impact your company.

Source Sovos

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