Hedva Lichtenstein CPA · 054-426-2274 · contact@hl-cpa.co.il

Capital statement (form 1219) – checklist

The statement is due within 120 days of the demand, as of the date it names. It is the baseline for every future comparison, so precision pays.

Assets on the reference date (including spouse and children under 18)

Real estate in Israel and abroad: purchase contracts and land-registry extract
Bank accounts: balance confirmations on the reference date, including deposits and foreign accounts
Securities and investment portfolios: holdings report from the bank or broker
Provident funds, study funds and savings plans: balance certificates(if relevant)
Vehicles: vehicle licence and purchase details
Holdings in companies and partnerships, shareholder loans: financial statements and agreements(if relevant)
Cash, digital assets and valuables, per the form's instructions(if relevant)

Mortgages: balance confirmation on the reference date
Bank and credit-company loans: balance confirmations(if relevant)
Loans from family or friends: written agreement and transfer records(if relevant)

Before filing I compute the capital difference in advance and make sure it is explained, before the assessing officer does. 054-426-2274.