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Tax Authority/Tax

Spreading income over several years (Form 116c)

פריסת הכנסה על פני מספר שנים (116ג)

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Who it is for
Employees or heirs receiving severance, annuity capitalisation, back-pay or leave payout
What the form asks
  • amounts per type
  • years spread
Dates
Filed with the tax coordination or alongside the annual report of the year the income was received
Money
Can reduce tax by lowering the marginal bracket; approval by the assessing officer.

Related actions

This is a summary of official sources, for orientation only. It is not legal advice; the official site's wording is binding.