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June 30, 2025

Residency in Israel: When and Why Should You Contact the Israel Tax Authority to Obtain a Ruling?

New immigrants and returning residents are entitled, by law, to a tax exemption on income originating outside of Israel for a period of ten years after they become Israeli residents. In particular instances, we recommend applying for a tax ruling from the Israel Tax Authority (ITA), especially when the date of receipt of new immigrant status differs from the date of the actual relocation of center of life to Israel.

June 30, 2025

A Practical Webinar: Revising the Compensation Policy

 We are holding a Practical and focused webinar with GCs for GCs, Led by Adv. Hagit Ross and Adv. Omri Oren, partners in the firm's Capital Markets Department.  The session will provide clear guidelines for building an effective compensation policy – including best practices for structure, mandatory components, and key considerations from regulatory, legal, and market perspectives that should inform the decision-making process. We will also take a close look at the special grant: when it is appropriate to include one, the rationale and circumstances for doing so, and how to best integrate it into the overall compensation framework – with a particular focus on the Israel Securities Authority’s current position and applicable legal requirements.

June 23, 2025

The Building Was Destroyed – Now What? Urban Renewal and the Rights of Elderly Residents

Following the recent missile attacks from Iran, several old buildings collapsed across the country. Government ministers have announced plans to advance urban renewal initiatives for these affected structures. As the state works to develop a comprehensive strategy, we examined the unique rights of elderly residents in urban renewal projects, since, in many cases, senior citizens are the ones living in these aging buildings. A detailed guide on the subject by Adv. Maya Carmi, an expert in real estate taxation, was published on Ynet.

June 18, 2025

Regulatory Relief Measures in Light of the State of Emergency in Israel

Upon the launch of Operation Rising Lion last Friday, the Minister of Defense declared a special national state of emergency in conformity with the Civil Defense Law, 1951. On Sunday, the government extended the state of emergency until June 30, 2025.

May 15, 2025

The New Institutional Long-Term Rental Track: Strong Potential – Limited Implementation

Launched in 2022, Israel’s new regulatory framework for institutional long-term residential rentals offers significant tax incentives for developers. However, despite its intended benefits, there has been a sharp decline in the number of applications submitted under this track. Adv. Maya Carmi-Lubartovski of our firm provides an in-depth analysis of the program’s structure, the regulatory and practical barriers it faces, and why the model has yet to meet expectations.

May 6, 2025

Significant Tax Benefits for Owners of Long-Term Rental Buildings

Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage the construction of buildings that include residential apartments earmarked for long-term rentals.

April 21, 2025

Can You Cancel a Real Estate Sale Transaction and Obtain a Tax Refund or Is This a New Transaction Subject to Additional Tax?

Israeli tax ruling on the question: The Committee deliberated the North Mall appeal and ruled recently that a “partial cancellation” of a real estate sale transaction is, in fact, a new transaction subject to additional tax

March 24, 2025

“Angels Law” Promotes Investments in Israeli High-Tech Startups

In February 2025, the Israeli Tax Authority published an Income Tax Circular outlining the conditions and principles of the new Angels Law, focusing on the tax benefits granted to investors in early-stage companies that qualify as R&D companies.

March 20, 2025

Tax Conference of the Israel Bar Association: Advs. Harel Perlmutter and Maya Carmi

Advs. Harel Perlmutter and Maya Carmi Lubartovski from our firm participated in the  Tax Conference of the Israel Bar Association (Southern District). 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

March 20, 2025

High-Income Earners in Israel Prepare to Pay an Additional Surtax

As of 2025, an additional 2% surtax will be imposed specifically on taxable capital income (income from dividends, interest, capital gains from real estate sales and other capital sources) exceeding the maximum of ILS 721,560. This means that taxable capital income exceeding the maximum will now be subject to an inclusive surtax of 5%.

March 18, 2025

Adv. Harel Perlmutter on N12 News: The Largest Exit in Israeli High-Tech History

Adv. Harel Perlmutter, partner and head of our firm's Tax Department, was interviewed yesterday on N12 News Israel's main news edition regarding the largest exit in Israeli high-tech history. He discussed the tax implications of the deal, stating: "Between 12 and 16 billion NIS will flow into the state's coffers, covering nearly 10 percent of the national deficit with this deal alone

March 9, 2025

Israeli Tax Reform for "Closely Held Companies"

At the end of 2024, the Knesset enacted significant legislative updates within the framework of the Arrangements Law that completely revamp how "closely held companies" are taxed in Israel.

March 2, 2025

Knesset Approves Law Easing Tax Relief Conditions in Corporate Restructuring

A new draft bill for second and third readings aims to ease tax relief conditions in corporate restructuring. Initially part of the 2025 Arrangements Law to support high-tech, it was later split from the original bill. A new draft bill for second and third readings aims to ease tax relief conditions in corporate restructuring. Initially part of the 2025 Arrangements Law to support high-tech, it was later split from the original bill.

February 26, 2025

Israel Tax Authority Updates Guidelines on Investments Through SAFEs

The Israel Tax Authority (ITA) recently published updated guidelines, regarding tax aspects applying to investments in companies through SAFEs. Such guidelines were published following the previous guidelines published by the ITA during May 2023, and which expired at the end of 2024.

February 6, 2025

Recognition of Undocumented Construction Costs for Capital Gains Tax in Israel

The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular with the goal of minimizing disputes with sellers of residential apartments.

January 30, 2025

January 2025: Legislative Amendments to Real Estate Taxation in Israel

The new year is already heralding significant tax innovations in Israel in general, and in real estate taxation in particular. Following are highlights of the legislative amendments that were approved by January 2025.

December 16, 2024

Lecturing at the Hasoub Angels' Training Program

Advs. Yuval Lazi and Hanna Daher were invited to lecture at the training session for Hasoub Angels, an initiative that supports the Arab entrepreneurial ecosystem through collaborative and structured angel investing. Yuval discussed financing startups, while Hanna covered essential legal and tax considerations for angel investors.

November 25, 2024

New Memorandum of Law Regulating the Crypto Sector in Israel

The Israel Tax Authority and the Ministry of Finance have published a memorandum of law to regulate the digital asset sector in Israel.

November 21, 2024

Holding Crypto? Your Information Is on Its Way to the Israel Tax Authority

Adv. Hanna Daher, a partner in the Tax Department, was interviewed by Globes following Israel's adoption of the OECD's CRS standard, under which countries will share information regarding cryptocurrency.

November 21, 2024

Israel Tax Authority Issues Executive Order allowing Double Purchase Tax Benefits for Certain Residential Buyers

The Israel Tax Authority (ITA) published a new directive a few days ago that updates the rules for persons classified as disabled, blind, or injured during Israel’s various wars, and families of fallen soldiers.