Latest Updates

November 7, 2022

Podcast: Adv. Harel Perlmutter Talks Real Estate Taxation on "Kesef Bakir"

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

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October 26, 2022

No Freebies? Harel Perlmutter Interview with "Tzeva Hakesef"

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

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September 21, 2022

Harel Perlmutter Featured on “Tzeva Hakesef” Radio Program

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.

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September 20, 2022

Real Estate and Taxes: Harel Perlmutter Op-Ed in Mako

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

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September 18, 2022

Taxes: Harel Perlmutter Lectures at Tel Aviv University

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.

June 22, 2022

District Court: Changing a Business Model after Purchasing Company Shares Does not Always Constitute a Tax Event

The Israeli court's ruling further details and explains the complicated tax issues that may arise from business restructuring and from transactions that create such restructuring.

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March 13, 2022

Oligarchs, Sanctions, and Money Transfers - Harel Perlmutter in the Sunday Times

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

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February 9, 2022

Representing Shareholders in Startup's Acquisition by Vontier

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. Simon Jaffa, Ariella Dreyfuss, Harel Perlmutter, and Fadi Atallah from our office advised on the transaction.

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December 28, 2021

Tax Refunds for Salaried Employees

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, Harel Perlmutter, the head of our firm’s Tax Department, provides valuable advice on the subject.

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October 5, 2021

“Pandora Papers” Scandal: N12 Interview with Harel Perlmutter

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

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September 14, 2021

District Court Ruling: Azrieli Foundation Exempt from Paying Taxes on Dividends

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 non-profit 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. Our firm's Zohar Lande, Eyal Nachshon, Harel Perlmutter, Nir Ziman, and Omer Keydar represented the Azrieli Foundation throughout the proceedings, which lasted about five years.

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August 4, 2021

Tax Facts on Renting Out Apartments in Israel and Abroad – Podcast with Firm Partner Harel Perlmutter on Calcalist Website

Are you renting out an apartment? It is important to be aware of the existing rental income tax tracks, if there is a difference between the taxation of short-term rental apartments and long-term rental apartments, and the rules on renting out apartments abroad. Adv. Harel Perlmutter, partner and head of our firm's Tax Department, addresses all these questions in a comprehensive podcast on the taxation of renting out apartments in Israel and abroad.

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July 17, 2021

Israeli-UAE Tax Treaty

On May 31, 2021, Israel and the United Arab Emirates signed a tax treaty. This is the first tax treaty between the states. It is expected to go into effect on January 1, 2022, after passing the necessary ratification processes in the Knesset and the government.

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June 7, 2021

G7 Countries to Impose Global Minimum Corporate Tax Rate

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

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April 12, 2021

Will Raising the US Corporate Tax Rate Affect Israeli Companies?

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 taxation field, Harel Perlmutter was interviewed by Bizportal on the issue and its implications.

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December 9, 2020

Harel Perlmutter Op-Ed: Recognize Childcare Expenses for Tax Purposes

Harel Perlmutter, the head of our Tax Department, has published an op-ed in Globes on the importance of recognizing childcare expenses for tax purposes, particularly now during the coronavirus period.

For the full Hebrew article in Globes

November 24, 2020

Second Phase of Financial Assistance Grants for Third Sector Kicks Off

Several days ago, the second phase of financial assistance grants for third-sector companies kicked off. Compared to the first phase, the size of a company's revenue for grant eligibility was expanded, as were the period of harm and the maximum assistance threshold.

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November 17, 2020

Haifa District Court: Repurchasing of Shares Is Not a Tax Event for Remaining Shareholders

In a bold step, the Haifa District Court rejected the Israel Tax Authority’s position on a company’s repurchasing of shares, and in effect split with a ruling of the Tel Aviv District Court, who considered a similar issue several years ago.

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August 2, 2020

It Is Time to Come Back Home: Investors Can Now Enjoy a Reduced Purchase Tax

Israeli Minister of Finance Israel Katz’s plan to reduce purchase tax for investors has gone into effect. Until now, under plans advanced by the previous Minister of Finance, Moshe Kahlon, for lowering housing prices and pushing investors out of the real estate market, the purchase tax for investors went up from 5% to 8% for an apartment that was not the purchaser's sole apartment.

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July 20, 2020

Returning Residents: Welcome Back to Israel?

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 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.”

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