The Israeli Minister of Finance provided an official statement expressing the intention to adopt a local qualifying domestic minimum top-up tax (QDMTT) from 2026 onward.Implementation of an Income Inclusion Rule and Under-taxed Payment Rule will be reviewed following the introduction of the QDMTT.In-scope multinational enterprises should consult with their tax advisors regarding the effect of the intended introduction of Israeli QDMTT and examine the implications applicable to them.  On 29 July 2024, the Israeli Ministry of Finance announced that it intends to implement a QDMTT in Israel from 2026 onward, applicable to multinational enterprises (MNEs) with total consolidated revenue exceeding...