Insights & News / Harel Perlmutter

Harel Perlmutter, a partner and head of our Tax Department, participated in the Dun's 100 Forum for Senior Tax Professionals 2026, where senior tax professionals discussed key developments in Israeli tax policy. The discussion addressed the implications of the retained earnings reform, the challenges of the 2027 budget, changes to VAT collection mechanisms, tax policy affecting the high-tech sector, and the impact of AI and digitalization on taxation. Harel addressed permanent establishment issues in light of the new legislation, as well as changes affecting new immigrants and returning residents.

Adv. Harel Perlmutter, a partner and head of the firm’s Tax Department, was interviewed by Globes about offsetting losses against gains, one of the most effective planning tools for tax optimization, which can result in substantial savings for investors. This is a limited-time opportunity, however, as the option to do so will close with the end of the current tax year.

Adv. Harel Perlmutter, a partner and head of the firm's Tax Department, spoke at an event held in collaboration with the DDoS community, a network connecting members of the ultra-Orthodox community with the high-tech industry. His lecture focused on practical insights for tech employees regarding compensation, equity, options, and their related tax implications. The event also featured two technology-focused talks by community experts on AI and innovation.

Adv. Harel Perlmutter, a partner and head of the firm's Tax Department, was interviewed by Walla regarding the Israel Tax Authority’s upcoming voluntary disclosure procedure for holders of cryptocurrencies and digital assets. The new framework is expected to offer immunity from criminal proceedings for taxpayers who come forward, without an anonymous track and without relief from interest or inflation adjustments. The procedure will apply to assets such as Bitcoin, Ethereum, and NFTs, provided the disclosure is made before any investigation is initiated or relevant information reaches the authorities.

Adv. Harel Perlmutter and Adv. Maya Carmi Lubartovski from our firm participated in the Israel Bar Association's (Southern District) Tax Conference. The conference covered various aspects of taxation, including real estate tax, income tax, and VAT. Harel and Maya participated in a panel on trust taxation, discussing the practical application of trust taxation (income tax and real estate tax) and how it is actually carried out in practice.

Adv. Harel Perlmutter, a partner and head of the firm's Tax Department, was interviewed on Channel 12, Israel's main news channel, regarding the largest exit in Israeli high-tech history. He discussed the tax implications of the deal, stating that "between ILS 12 and 16 billion will flow into the state's coffers, covering nearly 10 percent of the national deficit with this deal alone."

Adv. Harel Perlmutter, head of our firm’s Tax Department, was interviewed by Yigal Borochovsky and Rachel Shahar for 102FM’s “Disputes Program.” He explained the procedures and necessary reporting when receiving an inheritance from outside of Israel.

Adv. Yuval Lazi and Adv. Harel Perlmutter were interviewed by Globes about the transfer of Osem’s intellectual property rights to Nestlé. They explained how this transfer is likely to affect the State of Israel.

We hosted members of the Association of Corporate Counsel (ACC) for the conference, "The High-Tech Employment World." The conference focused on key issues in Israel's high-tech employment market and featured lectures on topics including non-compete clauses in employment agreements, the workforce as a critical element in the workplace, and more. Speakers included Adv. Micky Barnea, our firm's managing partner; Nani Maoz, Founder, Chairman, and CEO of Everest; and firm partners Adv. Harel Perlmutter, Adv. Netta Bromberg, Adv. Inbar Gorelick, and Adv. Amos E. Rosenzweig.

Adv. Harel Perlmutter, the head of our firm’s Tax Department, details the tax benefits for new immigrants to the Russian language news website MIGNEWS.

Adv. Harel Perlmutter, head of our firm’s Tax Department, served as a speaker at the Israeli Association of Public Companies’ annual Tax and Capital Market Conference, where he discussed tax challenges for 2023.

It’s important to prepare yourself for the end of the tax year and be aware of all the benefits you may be eligible for. An expert in the tax field, Adv. Harel Perlmutter suggests to Mako readers that they check their eligibility for Covid-19 grants and stresses that income from renting a residential apartment is taxable.

Taxation can make or break real estate deals. Adv. Harel Perlmutter, the head of our firm's Tax Department, spoke with Guy Lieberman about tax hitches and opportunities in an interview also published in Globes.

Many companies and businesses work with influencers to advertise their products on social media. This type of cooperation has tax implications. Adv. Harel Perlmutter, the head of our firm's Tax Department, was interviewed for the podcast "Tzeva Hakesef" (with Yair Weinreb) about the issue.

Adv. Harel Perlmutter, the head of our firm’s Tax Department, was interviewed on the radio program “Tzeva Hakesef” about the latest storm surrounding apartments registered in the name of social media personality Hadar Mokhtar. Harel explained the issue and discussed the tax implications of registering an apartment in your child's name.

Adv. Harel Perlmutter, the head of our firm’s Tax Department, discusses the "tax pitfalls" when purchasing an apartment for investment.

Adv. Harel Perlmutter, the head of our Tax Department, lectured this week to TAU Ventures, Tel Aviv University's venture capital fund for investments in startups. Harel addressed the advantages and disadvantages of preferred stock companies, employee compensation options, and other tax issues relevant to startups.

Our firm hosted a delegation of French aerospace technology companies. Firm partners Adv. Samuel Henry Samuel and Adv. Harel Perlmutter discussed various aspects of entering the Israeli market.

Is Israel a tax haven for Russian billionaires? Our firm's Adv. Harel Perlmutter and other experts shed light on what is happening.

Shift4 Payments, an American public company, has acquired Finaro for USD 575 million. Adv. Simon Jaffa, Adv. Ariella Dreyfuss, Adv. Mayer Winkler, Adv. Harel Perlmutter, Adv. Hanna Daher, and Adv. Fadi Atallah advised on the transaction.

We represented Inven Capital, Volvo Group Venture Capital, and Ombu Group in the sale of their shares in Driivz to Vontier, a global mobility company. Adv. Simon Jaffa, Adv. Ariella Dreyfuss, Adv. Harel Perlmutter, and Adv. Fadi Atallah advised on the transaction.

Tax refunds are not just a matter for the self-employed. In an interview with Israel Hayom to mark the end of the tax year, Adv. Harel Perlmutter, the head of our firm’s Tax Department, provides valuable advice on the subject.

Barnea represented Sephira, a French-Israeli group of companies and a leading provider of software solutions for healthcare professionals, in the sale of its holdings to DL Software Group, recently acquired by the US private equity fund TA Associates. The transaction was led by Adv. Samuel Henry Samuel and Adv. Avihay Asulin. Adv. Netta Bromberg advised on all employment law matters, while Adv. Harel Perlmutter and Adv. Nir Ziman advised on all tax matters.

We advised Reef Technology, a leading US operator of mobility and logistics hubs and neighborhood kitchens, on its acquisition of Bond, an Israeli logistics startup originally founded as Shookit, a direct-to-consumer grocery delivery company that delivered fresh produce to customers across the city within hours. The transaction was led by Adv. Michael Barnea, Adv. Ariella Dreyfuss, and Adv. Tal Freilich. Adv. Netta Bromberg advised on employment matters, while Adv. Harel Perlmutter and Adv. Hanna Daher advised on tax matters. Adv. Anat Even-Chen advised on data privacy, cybersecurity, and other regulatory matters.

The “Pandora Papers” scandal, revealed yesterday, shines a spotlight on the world of tax havens. Adv. Harel Perlmutter, head of the firm's Tax Department, addresses the issue in an interview with N12.  

An Israeli district court rejected the Israel Tax Authority’s attempt to force the Azrieli Foundation to pay taxes in the amount of tens of millions of shekels for dividends it received and continues to receive due to its holding in Azrieli Group's shares. The court accepted the tax appeal, which was filed by Barnea Jaffa Lande, and ruled that the Azrieli Foundation, a nonprofit organization that works for the public good in Israel, is not the controlling owner of Azrieli Group and is therefore entitled to a tax exemption. The court ruled, among other things, that the ITA’s position could have a chilling effect in relation to business entities’ support of philanthropic associations. Adv. Zohar Lande, Adv. Eyal Nachshon, Adv. Harel Perlmutter, Adv. Nir Ziman, and Adv. Omer Keydar represented the Azrieli Foundation throughout the proceedings, which lasted about five years.

Are you renting out an apartment? It is important to understand the available tax tracks for rental income, the differences between the taxation of short-term and long-term rentals, and the rules applicable to renting out property abroad. In a comprehensive podcast hosted by Calcalist, Adv. Harel Perlmutter, partner and head of our firm's Tax Department, addresses these issues and discusses the taxation of residential rentals in Israel and abroad.

Last weekend, the leaders of the G7 countries signed an agreement to impose a uniform global corporate tax rate of 15%. Adv. Harel Perlmutter, partner and head of our Tax Department, was interviewed by Calcalist about the decision and its impact on Israel.

Together with the Black Cat Family, an organization for the alumni of the IDF’s combat search and rescue extraction unit, we launched a five-session workshop to provide basic legal tools for entrepreneurs. As part of the sessions, we lectured on founders’ agreements, the employee hiring process, and how to build the right tax structure.

The planned corporate tax rate hike in the United States has Israeli investors worried about further developments and the impact on Israeli companies. As an expert in the tax field, Adv. Harel Perlmutter was interviewed by Bizportal on the issue and its implications.

Each year, many returning residents arrive in Israel. Following the COVID-19 outbreak, the number of people seeking to return to Israel has increased even further. The process of returning to Israel is not simple, and returning residents face enormous difficulties as part of it. A Ynet article on the subject featured an interview with Adv. Harel Perlmutter, a partner and the head of the firm’s Tax Department. Harel explained: “Those who return to Israel after less than six years abroad have almost no tax benefits.” He added that “there is a great confusion about the rights and benefits returning residents are eligible to from the National Insurance Institute. Over the years, the benefits for returning returns have been cut back, and this has kept people away from the country.”

We represented Inven Capital, a Czech-based VC fund and a shareholder in Cyberx Israel, an Israeli IoT & ICS cybersecurity startup, in Cyberx's sale to Microsoft for USD 165 million. CyberX has gained tremendous customer growth, with a number of leading companies using its IoT security platform to protect their web facilities. Cyberx has raised about USD 48 million since its inception in 2013. This is Microsoft’s eighth acquisition in Israel in the last decade.

This year, we were once again responsible for preparing the QA guide on doing business in Israel for the Practical Law website. The guide provides an overview of recent key developments that have affected doing business in Israel, including the legal system, foreign investment, employment, tax, competition, privacy, and IP.

Our tax team advised the strategic partner Sham (Relyens Group), Europe’s largest insurance and risk management provider for healthcare, on the tax aspects of its USD 20 million investment in CyberMDX, an Israeli healthcare cybersecurity provider that delivers visibility, threat prevention, and operational efficiency for medical devices, IoT, and clinical networks.

Our firm represented the Spanish multinational industrial group MAT Investment Holdings in the merger of its Israeli subsidiary Dorot Management Control Valves from Kibbutz Dorot with A.R.I. Flow Control Accessories, a company owned indirectly by Kibbutz Kfar Haruv.

Join us for a seminar on the new international standards for internal alert mechanisms. The EU whistleblower protection directive that came into force in December 2019 and trends in the US signal a new duty—the obligation to formulate an in-house mechanism that allows employees to report improper or unethical conduct. To date, such mechanisms have largely been the responsibility of large companies subject to heavy regulation, but this reality is about to change. To what extent is your organization ready for such a mechanism? Are there any accepted standards for such mechanisms?

Our firm hosted a meetup of the Florida-Israel Business Accelerator. Adv. Yuval Lazi and Adv. Harel Perlmutter met with participating startups and discussed the challenges and opportunities of working with the United States.

We are proud to be ranked by International Tax Review for the 2020 edition of World Tax in the general corporate tax and private clients categories.

Our firm represented CryoLife in a strategic transaction with Israel-based endovascular stent graft system developer Endospan. The transaction involved an option to purchase Endospan for up to USD 450 million in the future, together with an exclusive distribution arrangement and USD 15 million in secured debt financing.

Adv. Harel Perlmutter was interviewed by TheMarker following a precedential ruling by the Tel Aviv District Court, which determined that the conveyance of Israeli real estate to a trust is not a tax event. Harel noted that the ruling opens up many interesting ways to plan and manage intergenerational transfers of wealth and real estate, without tax being a negative factor and affecting the process.

Our firm represented the private equity group Bridgepoint in the approximately USD 420 million acquisition of the Israeli software testing company Qualitest from Marlin Equity Partners.

Our firm represented Exclusive Networks in its acquisition of 70% of the shares of Israeli company Securewave Ltd, one of Israel’s leading independent cybersecurity VADs.

Adv. Harel Perlmutter was interviewed by Bloomberg BNA following the Tel Aviv City Council's move to double property taxes on apartments rented for short-term tourism.

Barnea's Q&A guide to doing business in Israel was published by Practical Law. The guide provides an overview of recent key developments that have affected doing business in Israel, including the legal system, foreign investment, regulation, employment, taxation, and IP.

Adv. Harel Perlmutter lectured today at Ben-Gurion University on startup taxation. The lecture was part of a course for MBA students in the Faculty of Management.

Adv. Harel Perlmutter was interviewed by Bloomberg BNA following Airbnb's decision to remove listings in the West Bank.

Our firm represented Senetas Corporation in a USD 8 million investment in the Israeli cyber company Votiro Cybersec Global Limited.

Adv. Harel Perlmutter, head of the Tax Department, was interviewed by Bloomberg BNA following the Israel Tax Authority's announcement of a new "Green Route" to make it easier for Israeli entrepreneurs to transfer corporate assets abroad.

Adv. Harel Perlmutter, head of the firm's Tax Department, was interviewed by Bloomberg BNA on Amazon's decision to start collecting and remitting value-added tax in Israel.

Adv. Harel Perlmutter was interviewed by Bloomberg BNA, following reports that the Israel Tax Authority is demanding ILS 156.6 million in additional taxes from eBay for the 2010-2015 tax years.

Our firm is hosting today the participants of Taasiyeda, an education program founded by the Manufacturers Association of Israel, for a seminar on founders' agreements, IP, and tax issues.

Adv. Harel Perlmutter was interviewed by Bloomberg BNA on the possible governmental decision to force Bezeq Israeli Telecommunication Corp. to sell its infrastructure holdings in an effort to boost competition in the sector. This move may be considered a taxable event.

Our firm represented Greenyard Fresh, a global market leader of fresh, frozen, and prepared fruits and vegetables, in the acquisition of 49% of Mor International.

Adv. Harel Perlmutter, the head of our Tax Department, was interviewed by Bloomberg BNA following a new labor court ruling that considers tips paid to waiters to be part of their salary, thus forcing employers to pay social benefits.

Adv. Harel Perlmutter, the head of our Tax Department, was interviewed by Bloomberg BNA following the announcement of Israel's plans to tax Airbnb hosts directly through the service’s website. 

Adv. Harel Perlmutter, the head of our Tax Department, was interviewed by Bloomberg BNA following recent coverage of the Milchan Law, which grants new immigrants and returning residents a 10-year tax exemption on income earned abroad.

Adv. Harel Perlmutter, the head of our firm's Tax Department, was interviewed by Bloomberg BNA about the Tel Aviv Stock Exchange's intention to reduce red tape and ease regulations to promote further growth in the number of new companies traded on the TASE.

Adv. Harel Perlmutter, the head of our Tax Department, was interviewed by Bloomberg BNA following the release of the Israel Tax Authority's new draft plan for taxing ICOs.

Barnea hosted an ICOs and digital currencies event featuring a lecture on regulation opportunities and challenges. Adv. Harel Perlmutter also discussed the taxation of cryptographic coins and the Israel Tax Authority's position.

Following the Panama Papers leak, Israeli authorities have arrested two Israelis on suspicion of evading millions of shekels in tax payments by using companies registered in offshore tax havens. Adv. Harel Perlmutter, a partner and head of our Tax Department, commented to Bloomberg BNA that even though many Israelis were named in the leaked documents, most of them appear to have been using the offshore havens for reasons other than tax evasion.

We represented Israeli startup EXO Technologies, a developer of GPS technology for autonomous and connected vehicle applications, in its acquisition by the US corporation Lear.

Adv. Harel Perlmutter, head of the Tax Department, was interviewed by Bitcoin.com regarding the Israel Tax Authority’s (ITA) draft on digital currencies. Harel commented that the draft circular is a declaration of intent from the ITA and at this stage no draft legislation has been published.

Doing business in Israel? A Q&A guide to doing business in Israel written by Barnea was published by Practical Law. The guide provides an overview of the legal system, foreign investment, regulation, and other issues pertaining to Israel.

Adv. Harel Perlmutter, head of the Tax Department, lectured today on the taxation of startups at the AtoBe – Azrieli College of Engineering Startup Accelerator.

Adv. Harel Perlmutter, head of our Tax Department, was interview by Bloomberg on an Israel Tax Authority draft circular on the taxation of virtual currencies (bitcoins and the like). Harel commented that the draft imposes almost insurmountable restrictions on the use of virtual currencies in Israel, due to the liabilities and costs involved.

Adv. Harel Perlmutter, head of our Tax Department, interviewed by Ynet on the expected tax amendments going into effect in 2017.

What can taxpayers do to take advantage of available tax breaks and allowances? Tax experts, including Adv. Harel Perlmutter, discuss these issues in an interview with Ynet.

Amendments to Israel’s VAT legislation are expected to reduce the cost of clinical trials involving human participants, benefiting international companies that conduct trials in Israel. In an interview with Globes, Adv. Harel Perlmutter, who specializes in international taxation at Barnea, explained: "The amendments will have two main implications. First, an Israeli company acquiring medication from an overseas company will not have to pay VAT or customs duty in Israel, costs it would usually pass on to the overseas company. Second, the fees the Israeli company charges the overseas company for conducting the trials will be subject to VAT at a rate of zero percent."