Business Owners Sentenced to Prison for Serious Tax Offenses

In depth

The Ramla Magistrate's Court sentenced Avner Alook, owner of "Segev Fire Protection Technologies," to 44 months in actual prison and a fine of 100,000 shekels. According to Globes and Israel Hayom, between 2012 and 2015 the company received 139 fictitious invoices from five companies and illegally deducted input tax on them.

According to Bizportal, Alook used 130 fictitious invoices and evaded VAT in the amount of 5.7 million shekels.

According to Maariv, the court ruled that Alook attempted to hide behind managers he appointed, and toughened his sentence due to his criminal record and failure to return the money.