Israel: Updated regulations on submission process for employee equity incentive plans
Online reporting required for all equity plans starting in 2025
The Israel Tax Authority (ITA) updated regulations on the submission process for employee equity incentive plans:
- From January 1, 2025, all equity plans must be filed online through the ITA's "Employee Stock Plan Submission System."
- Applications must be made 30 days before the first allocation and include specific documentation.
- Material changes to approved plans will require resubmission.
- Online reporting will also be enforced for all equity plans starting in 2025.
For more information, contact a KPMG tax professional in Israel:
Yael Miron | ymiron@kpmg.com
Dganit Hagai Saadon | dhagaisaadon@kpmg.com