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Israel Taxation of Trusts

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Trusts historically have been recognized in Israel prior to the foundation of Israel as a state. During the British Mandate and after the founding of the state, trusts were used mainly for real property transactions. Following the founding of the State of Israel in 1948, waves of immigrants flowed there from different countries, bringing with them not only goods, but also a myriad of cultures and the use of trusts based on various legal systems abroad.

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