Tax / Employee Tax Benefits
Employee tax benefits, when properly planned and implemented, are a key tool for retaining quality senior employees and improving a company’s performance.
Our team provides comprehensive counsel on a wide range of issues relating to remuneration, incentives, and employee and executive retention. Clients include early-stage startups, private companies, public companies traded in Israel and abroad, employees, executives, employers, and boards of directors.
Our Tax Department works closely with our Commercial, Capital Markets, and Employment Departments to formulate creative solutions that ensure congruence between a company’s targets and its remuneration mechanisms. Our services include formulation and preparation of 102 stock options on a regular basis or as part of a merger and acquisition transaction. We also advise on restructuring, equity incentives, share-based plans, preliminary approvals from the Israel Tax Authority, phantom option agreements and grants, golden parachute arrangements, employee remuneration, and more.
Insights & News - Tax / Employee Tax Benefits:
Tax Aspects of Cryptocurrency-Based Compensation to Employees and Service Providers
The use of token-based compensation has grown in recent years. It is important to understand the tax aspects of such compensation, especially when a company is gearing up for a major deal.
Court Rules an Employee whose Shares in a Company Are Held by a 102 Trustee Has No Shareholder Rights in the Company
The Haifa District Court recently held, in a precedential decision, that an employee who received shares in a company held by a trustee in accordance with section 102 of the Income Tax Ordinance has no shareholder rights.
Precedential Court Ruling on Option Plans for Employees
A precedential judgment was handed down on option plans for employees in respect of section 102 of the Income Tax Ordinance. The court ruled that when a tax assessor is notified of the allocation of options in accordance with section 102 and fails to respond within 90 days, the plan is approved and the assessor cannot later claim that this is not so, except in very exceptional cases.
Tax / Employee Tax Benefits
Employee tax benefits, when properly planned and implemented, are a key tool for retaining quality senior employees and improving a company’s performance.
Our team provides comprehensive counsel on a wide range of issues relating to remuneration, incentives, and employee and executive retention. Clients include early-stage startups, private companies, public companies traded in Israel and abroad, employees, executives, employers, and boards of directors.
Our Tax Department works closely with our Commercial, Capital Markets, and Employment Departments to formulate creative solutions that ensure congruence between a company’s targets and its remuneration mechanisms. Our services include formulation and preparation of 102 stock options on a regular basis or as part of a merger and acquisition transaction. We also advise on restructuring, equity incentives, share-based plans, preliminary approvals from the Israel Tax Authority, phantom option agreements and grants, golden parachute arrangements, employee remuneration, and more.
Insights & News - Tax:
Tax Aspects of Cryptocurrency-Based Compensation to Employees and Service Providers
The use of token-based compensation has grown in recent years. It is important to understand the tax aspects of such compensation, especially when a company is gearing up for a major deal.
Court Rules an Employee whose Shares in a Company Are Held by a 102 Trustee Has No Shareholder Rights in the Company
The Haifa District Court recently held, in a precedential decision, that an employee who received shares in a company held by a trustee in accordance with section 102 of the Income Tax Ordinance has no shareholder rights.
Precedential Court Ruling on Option Plans for Employees
A precedential judgment was handed down on option plans for employees in respect of section 102 of the Income Tax Ordinance. The court ruled that when a tax assessor is notified of the allocation of options in accordance with section 102 and fails to respond within 90 days, the plan is approved and the assessor cannot later claim that this is not so, except in very exceptional cases.