0
Wireless

Amdocs in talks to transfer intellectual property to Israel

Friday 19 March 2021 | 10:47 CET | News
IT business systems company Amdocs is in talks with the Israel Tax Authority about transferring the company's intellectual property to Israel in exchange for tax benefits, Globes reported.  The benefits are anchored in the Encouragement of Capital Investments Law and include a tax rate of 6 percent. Corporation tax in Israel is 23 percent but Amdocs has paid a far lower rate there for many years under the same law.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: Israel
::: add a comment
This article is part of dossier

5G


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Amdocs to support start-ups in Tomorrow Street accelerator programme backed by Vodafone in Luxembourg

Published 13 May 2021 11:28 CET | Luxembourg
Amdocs has announced a strategic partnership with the "Tomorrow Street" innovation centre, a public-private venture between ...

Fastweb picks Amdocs to upgrade operations support systems

Published 09 Apr 2021 13:49 CET | Italy
Amdocs has announced a new contract to help Italian operator Fastweb modernise its mission-critical inventory systems to improve ...

Cellcom Israel selects Amdocs eSIM cloud platform

Published 03 Feb 2021 14:51 CET | Israel
Cellcom Israel has selected the Amdocs cloud-based eSIM platform for its commercial launch of eSIM-enabled devices in its market. ...

Cellcom selects Amdocs to accelerate digitization

Published 17 Jul 2020 09:59 CET | Israel
Amdocs has announced a new agreement with Cellcom Israel expanding the collaboration between the two companies. As part of the ...