4 ms·
>your company will not receive special corporate tax consideration if your company: >Enters agreements to refuse or actually refuses to do business with or in
by thekevan 7y ago
>your company will not receive special corporate tax consideration if your company:
>Enters agreements to refuse or actually refuses to do business with or in Israel
The link does actually include the penalties, which are far more than just losing special tax considerations. It includes hefty fines and even imprisonment under the TRA. The "just losing tax consideration" part is only under the EAR. I understand that part.
It's the fact that they say I cannot boycott Israel independently.
I'm still confused at how this can be fully Constitutional. Say I care a lot about the Palestinians and object to their treatment by the government and military of Israel. Say I make widgets wholesale for people to resell retail.
So I say, if you buy my product and resell it you make money and your government takes some of that money, as is normal. Therefore, I will not sell to any company that sells this in Israel as I do not want to my product to be used to make money for a government whose actions I condemn. I don't care if you are a Jew, a Christian, an Arab and/or even a Palestinian, if you want to sell my product in Israel and taxes which go to the Israeli government will be collected on that, I'm not selling it to you. Not just certain companies within Israel, all of them. Anyone who sells my product and thus makes money for the Israel government, nope, I'm not doing it.
That's the part I have a problem with. If I don't actively try to stop Israel from doing anything but want to take an active role in not helping them in any way, I'm breaking the law? I don't see if how I want to act independently the Arab League but what I want to do aligns with part of what they want to do, that is a problem? I should be able to not support what I see as a bad actor.
- type0 7y agoHonestly, I also do not understand their wording on that. Getting on board with foreign boycott is not ok that much is clear, but exercising your freedom of affiliation as a company is fine as long as it doesn't contradict US foreign policies. So if you don't want to contradict those you shouldn't boycott them if you don't your gov deciding that your decision is not independent. I mean you never know, but stranger things have happened. Just because of that I generally advise foreign entrepreneurs to think hundreds of times over before they go ahead to open their offices in US.