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BRIEF-Orbotech Ltd updates on Israel Tax Authority investigation
May 22, 2017 / 1:55 PM / 4 months ago

BRIEF-Orbotech Ltd updates on Israel Tax Authority investigation

May 22 (Reuters) - Orbotech Ltd

* Orbotech Ltd - Israel Tax Authority conducted an investigation that involved document collection at co’s headquarters in Israel and at office of co’s tax consultant

* Orbotech Ltd - several of co’s employees, including officers, are being questioned, as are tax consultants from co’s independent registered accounting firm

* Orbotech Ltd - the criminal investigation relates to tax positions taken by the company in the audit period as well as in prior periods

* Orbotech Ltd says it is co-operating with the Israel Tax Authority - sec filing

* Orbotech Ltd - On May 21, co received tax assessment from ita with respect to fiscal 2012-2014t period, which challenges co’s positions on several issues Source text: (bit.ly/2qH3Lim) Further company coverage:

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