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Latest Updates / Employee Tax Benefits

July 22, 2026

Position Statement on the Obligation to Appoint a DPO: Not a Change in the Law, but a Change in the Rules of the Game

Israel’s Privacy Protection Authority (PPA) has published the final version of its position statement on the appointment of a data protection officer (DPO). Although, formally speaking, it is only a position statement rather than binding guidance, it is expected to have a significant practical impact on the PPA’s supervision and enforcement going forward.

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July 21, 2026

Israel Approves the “What’s Good for the United States Is Good for Israel” Reform – 10 Key Points for Importers, Manufacturers, and Marketers

The reform expands options for importers, manufacturers, and marketers in Israel by lowering barriers and creating an additional route for products that meet the statutory conditions. However, it does not grant broad relief, since eligibility remains subject to conditions, exceptions, and documentation requirements, and compliance with applicable Israeli law must still be reviewed. Businesses should therefore prepare in advance to identify qualifying products, required documents, and points of interaction with existing Israeli regulation.

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July 21, 2026

Israel Launches a Corporate Credit Database to Increase Competition in the Business Credit Market

The upcoming corporate credit database is expected to significantly affect Israel’s business credit market, expand credit data use, increase competition and access to credit, and require financial and other entities to prepare for reporting or relying on the database.

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July 20, 2026

EDPB Issues Draft Guidelines on Web Scraping for Generative AI Training

Publicly accessible personal data is not automatically available for AI training use: In Guidelines 03/2026, published for public comment on July 7, 2026, the EDPB clarifies that the mere fact that personal data is publicly accessible online does not, on its own, allow it to be collected and reused for AI training under the GDPR.

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July 12, 2026

M&A Transactions in the 2026 Business Landscape

Our firm, together with the Manufacturers Association of Israel, BDO Israel, and Mizrahi Tefahot, hosted a professional seminar on strategies for navigating mergers and acquisitions in today's evolving business environment. The seminar examined the legal, commercial, and financial aspects of MA transactions, including identifying opportunities, preparing for transactions, regulatory and competition law considerations, financing structures, and deal execution. The event brought together CEOs, business owners, CFOs, and directors. During the seminar, Adv. Ilan Blumenfeld, Adv. Irit Brodsky, and Adv. Idan Miller from our firm presented on the key legal aspects of mergers and acquisitions.

July 12, 2026

Israel Bar Association Conference: Taxation and Real Estate – The Fine Line Between Private and Business Transactions

Adv. Maya Carmi Lubartovski, a partner and head of the firm's real estate taxation practice, will speak at the Israel Bar Association (Tel Aviv District) conference, Taxation and Real Estate – The Fine Line Between Private and Business Real Estate Transactions. Her session will explore development transactions in real estate, with a focus on how transaction structures affect tax outcomes, including capital gains and purchase tax implications in combination and option transactions.

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July 12, 2026

Israel to Regulate Stablecoins: New Draft Bill on Stablecoin Licensing and Supervision

On June 29, 2026, the Ministry of Finance and the Capital Market, Insurance and Savings Authority published a draft bill for public comment until July 20, 2026, which, for the first time in Israel, would establish a specific licensing and supervisory framework for stablecoin issuers.

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July 9, 2026

Bizportal: Is Raising Developers' Profit Margins the Solution to Israel's Housing Market Challenges?

Adv. Alon Abcasis, a partner and head of the firm's residential real estate and urban renewal practice, published an op-ed in Bizportal addressing the Urban Renewal Authority's proposal to increase the default profit margin for developers in urban renewal projects. Alon argues that the main challenge is not the profit margin itself, but rather the lengthy planning and approval process, which directly affects projects' economic viability and their ability to move forward.

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July 7, 2026

ACC Israel Annual Conference 2026

Adv. Zohar Lande, a senior partner and head of the firm's Litigation Department, participated today in a panel discussion at the ACC Israel Annual Conference. The panel focused on how professional setbacks and challenges throughout a legal career can lay the groundwork for some of the most significant litigation successes.

June 28, 2026

Oversight Duty: What Is Expected of Boards of Directors in an Era of Partial Information and Limited Time?

In recent years, boards of directors have been expected to play an active role in overseeing their companies’ activities. Compliance incidents, cybersecurity failures, safety malfunctions, operational and regulatory crises, and even failures in organizational culture expose board members to public and legal scrutiny.

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June 28, 2026

When Are Directors Personally Liable for Trademark Infringement by a Company?

An Israeli District Court imposed personal liability, jointly and severally, on the directors of a company for trademark infringement, without lifting the corporate veil. Whenever a tort is committed, including intellectual property infringement, any officer or director who personally committed the tort may be ordered to pay out of his or her own pocket, even without lifting the corporate veil.

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June 28, 2026

Israeli Corporations Authority to Begin Examining Family Ties and Conflicts of Interest in Amutot and PBCs

The Israeli Corporations Authority has announced that, in the coming period, it will begin a dedicated review concerning family ties and conflicts of interest in amutot and public benefit companies (PBCs).

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June 24, 2026

Webinar: Defense Industry in a Changing Reality

Our firm, together with BDO, will host a professional webinar on the key issues that companies and funds operating in the defense industry should know—from opportunities and challenges in the defense and dual-use export landscape, to VAT, customs, and targeted tax incentives, as well as legal, financial, and accounting readiness for capital raises, IPOs, and becoming a public company. Adv. Elad Reshtick and Prof. Amichai Cohen from our firm, alongside BDO experts, will speak at the webinar, which will take place on June 30, 2026, at 11:00 AM.

Agenda & Registration

June 24, 2026

Lecture on Mergers and Acquisitions to CFOs

Adv. Sagi Gross delivered a lecture yesterday as part of the Manufacturers Association of Israel’s CFO Training Course. His lecture focused on the key legal aspects that every CFO should be familiar with in the context of MA transactions.

June 23, 2026

The Legal 500 | Israel Chapter of Class Actions Comparative Guide 2026

We are proud to share that our firm was selected to author the Israel chapter of The Legal 500's Class Actions Comparative Guide 2026, which provides a comparative overview of class action law worldwide. The chapter was prepared by Adv. Eyal Nachshon and Adv. Ido Vakshi of our firm's Litigation Department, who review the legal framework governing class actions in Israel and offer practical insights in light of applicable law and case law.

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June 23, 2026

Israeli Supreme Court Adopts an “Act-Based Test” for Calculating Consumer Protection Financial Sanctions

For the first time, Israel’s Supreme Court has established a clear test for calculating financial sanctions under the Consumer Protection Law, depending on whether the conduct constitutes a single act or multiple separate acts.

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June 21, 2026

Investment Advice and Portfolio Management in Israel – Licensing Exemption for Qualified Clients Is Not a Full Exemption

The Regulation of Investment Advice, Investment Marketing and Investment Portfolio Management Law stipulates that providing investment advice, investment marketing, and investment portfolio management services is contingent upon obtaining an appropriate license from the Israel Securities Authority.

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June 21, 2026

ITA Appeals Mehir LeMishtaken Tax Ruling: Implications for Developers

In February 2026, the Haifa District Court’s Appeals Committee ruled that, under particular circumstances, real estate developers’ successful bids in Mehir LeMishtaken tenders and their entry into lease agreements with the Israel Land Authority do not constitute the “purchase of a right in real estate” subject to purchase tax.

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June 21, 2026

Op-Ed: Implications of Classifying Advanced AI Models as Dual-Use Technology for Israeli Companies

Dr. Avishay Klein, Prof. Amichai Cohen, and Dr. Nadine Liv published an op-ed in Israel Defense following a US regulatory precedent under which advanced AI models were classified as dual-use technology on national security grounds. In the op-ed, they examine the potential implications of this development for Israeli companies.

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June 18, 2026

Export Controls for AI Models – Practical Implications for Businesses Following the Anthropic Incident

On June 12, 2026, Anthropic announced that the US government had ordered it to immediately suspend foreign nationals’ access to its advanced AI models, Fable 5 and Mythos 5, pursuant to an export control directive issued on national security grounds.

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