Tax Coordination (Teium Mas) Risks When Operating Multiple Income Streams
Individuals working as salaried employees while simultaneously operating a freelance business or Micro Dealer (Osek Zeir) account must maintain accurate tax coordination to avoid severe year-end tax debts.
Why Failing to Execute Tax Coordination Causes Heavy Fines:
Without an official tax coordination certificate, secondary employers or payers are legally mandated to deduct the maximum marginal tax rate of 47% at source!
Bernstein & Co. performs exact dual-income tax coordination to ensure accurate monthly withholding and protect you from surprise tax liabilities.
๐ Operating multiple income streams or freelance accounts? Schedule tax coordination at 2 Khuri St, Haifa.
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