Itay Edelstein

Itay is an associate in the firm’s Tax Department.

Adv. Itay Edelstein advises clients on a broad range of tax matters, including income tax and VAT. He also provides tax support in commercial transactions and drafts legal opinions and memoranda.

In addition, Itay advises on the implementation of equity incentive plans and employee compensation arrangements, tailoring the relevant tax aspects within the plans themselves and the accompanying agreements.

Itay completed his internship in the firm’s Tax Department.

Education:

Bar-Ilan University, LL.B. (cum laude), 2025

Bar-Ilan University, B.A. in Economics, 2026

Admission:

Israel Bar Association, 2026

Insights & News - Itay Edelstein:

September 15, 2026

Incentivizing High-Tech Companies and Investment Funds: Israel’s Draft Income Tax and VAT Regulations

As a rule, foreign residents investing in Israel are exempt from Israeli capital gains tax, unless their activities are considered a business or are attributable to a permanent establishment in Israel. Investment funds that invest in Israel, however, are not necessarily eligible for this exemption, even where their limited partners are passive investors. This distinction may discourage foreign investment in Israel.

New Israeli Court Ruling: Companies with Accumulated Losses May Recognize Distributable Profits

An Israeli district court ruled, for the first time, that distributable profits may be recognized even when a company has a balance of accumulated losses, provided that the profits accumulated during the holding period actually contributed to reducing the accumulated loss, even if the company ultimately had no surpluses.

Approval of Minimum Corporate Tax on Multinational Groups Law: Israel Joins the New Global Standard

On December 31, 2025, Israel enacted legislation imposing a minimum corporate tax on multinational groups, which applies to Israeli resident entities that are members of an MNE as of the 2026 tax year.

See all news updates from Itay Edelstein >

Practice areas:

Tax