File a notice of election of taxation course in relatives trust – form 154
Trustees appointed to an Israeli resident beneficiary relatives’ trust need to submit form 154 to select a taxation course.
Complete and submit form 154 together with form 147 (Notice of establishment or purchase of a trust) within 60 days of the establishment of the trust conversion to an Israeli resident beneficiary relatives’ trust.
The service is free of charge.
If the trustee has filed notice of this route, they will not be able to cancel it as long as the trust is a close trust.
Please note, if there is any difference or conflict between the information on this page and the law, the provisions of the law will apply.