Israeli Capital Declaration Preparer

Legal notice

This is a free information tool operated by an AI model. It explains what Form 1219 asks for and helps you organise your own figures and documents. All of its outputs are produced automatically by an AI model, with no involvement, review, or approval by a tax adviser or accountant. The output is not a tax opinion, not a declaration prepared by a licensed representative, and not professional advice. It is a general explanation and arithmetic aid only: it does not examine the full extent of your assets or your complete documents. An AI model may err, omit data, or present a wrong conclusion.

Any worksheet or checklist this tool produces is an automatic draft for your personal preparation only. It is not a filed declaration. Responsibility for the declaration and for its accuracy is yours, the binding assessment is the Tax Authority's, and representation before the Tax Authority is reserved to those permitted by law. Signing the paid-preparer block on the form is reserved to a person who assisted for payment and carries personal liability under sections 143 and 224 of the Income Tax Ordinance; this tool cannot occupy that role. Consult a tax adviser or accountant before filing. All use of its output is the user's sole responsibility.

Problem

A capital declaration is demanded in writing, and the clock runs while the taxpayer is still working out which assets count. The form asks for cost rather than value, books an inherited apartment at one shekel, wants pension plans at total deposits, and converts foreign-currency purchases at the rate on the day of payment. Get any of those wrong and the declaration will not reconcile against the previous one, and section 155 puts the burden of proving an assessment excessive on the taxpayer.

Instructions

Statutory position as checked on 1 October 2026.

Step 1: Confirm there is a demand, and fix the declaration date

A capital declaration is owed only on a written demand. Section 135(1)(a) lets the assessing officer require "any report specified in the notice, and among them a report on the capital and assets" of the person, their spouse, and their children. Without a demand in hand there is nothing to prepare.