Tax Authority: Software company did not declare 300,000 dollars

Tax Authority officials launched an auditing operation in locations such as Petach Tikva, Rosh Haayin, Ariel, and Yehud. 209 businesses were audited.

 It was found that 10% of inspected businesses did not declare income as legally required. One computer software and electronics company was found to have transferred over 300,000 dollars through PayPal accounts. A company representative explained that “We do not issue receipts, but rather Microsoft Excel documents.”