Amdocs extends agreement with Globe Telecom to orchestrate cloud and digital network services
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Amdocs in talks to transfer IP to Israel The company has sought a pre-ruling from the Israel Tax Authority on the incentives it would receive under the Encouragement of Capital Investments Law. IT business systems company Amdocs Ltd. (Nasdaq: DOX) is in talks with the Israel Tax Authority about transferring the company's intellectual property to Israel in exchange for tax benefits worth billions of shekels, sources inform "Globes." The tax benefits that Amdocs will receive are anchored in Israel's Encouragement of Capital Investments Law and include a tax rate of just 6%. Corporation tax in I...