ארכיון Tax

October 2, 2019

World Tax 2020 Edition

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.

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July 28, 2019

Precedential Ruling on Taxation of Real Estate Conveyance to Trusts

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.

Article from The Marker

Article from Globes

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July 14, 2019

Barnea Represents Bridgepoint in Acquisition of Qualitest

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.

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April 23, 2019

Bar Refaeli to Pay Taxes on Millions Earned Abroad

Following the ruling that Bar Refaeli must pay ILS 16 million in income tax, Adv. Harel Perlmutter, head of our tax team, spoke on a popular 103FM radio program. The Central District Court in Lod had rejected Refaeli’s appeal the previous day, upholding the Israel Tax Authority’s assessment of tax on millions of dollars she earned abroad. Refaeli argued that she had spent only six months in Israel during the relevant years and, as a foreign resident, owed no Israeli income tax on that income. Harel explained how tax residency is determined, a central issue in the dispute over whether Refaeli was an Israeli tax resident in 2009 and 2010. He also clarified the distinction between the civil tax case and the pending criminal charges.

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January 8, 2019

Hosting Participants of the EdStart Program

We hosted today participants of AWS EdStart, an educational technology (EdTech) startup accelerator. A number of partners from our firm spoke at the seminar, discussing topics such as founders' agreements, intellectual property, and the tax issues of startups.

December 25, 2018

Lecture: Tax 101 for Startups

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.

December 19, 2018

ITA Sharpens Procedures in Wake of New Tax Circular

Adv. Micky Barnea was featured in a follow-up article in Globes about the Income Tax Authority's new circular that changes the tax policy relating to capital-based compensation dependent on performance. According to Micky, "The new circular stipulates that options allocated under an approved plan, submitted lawfully to the Income Tax Authority, may be discovered on judgment day as not being entitled to reduced capital taxation."

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December 18, 2018

High-Tech Earthquake: Tax on Exercising Options for Employees Will Increase Upon Exit or Issuance

Adv. Daniel Lorber, the head of our firm's equity incentives practice, was interviewed by Globes on the Israel Tax Authority's latest decision. Instead of a capital gains tax rate of 25% on options granted to employees for exercise in the event of an exit or issue, the proceeds from such exercise will now be considered labor income, and therefore the tax liability may rise to 50%.

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November 25, 2018

Israel Threatens to Tax Airbnb for Delisting West Bank Rentals

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

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November 5, 2018

Tax Policy Could Undermine Israel’s IP Outreach

Adv. Anat Even-Chen was interviewed by Bloomberg BNA following the implementation of new rules regarding the licensing of IIA-funded know-how for use by multinational corporations outside of Israel.

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October 7, 2018

Israel Offers Fast Route to Restructuring in Nod to Startups

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.

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May 22, 2018

Amazon Web Services VAT Policy in Israel Sets Global Precedent

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.

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May 6, 2018

Israel Tax Authority Demands ILS 156M from eBay

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.

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April 25, 2018

Hosting Taasiyeda Participants for Lecture on Startup Essentials

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.

April 20, 2018

Spinoff May Trigger Tax Bill for Bezeq, Israel's Telecom Giant

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.

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April 15, 2018

Executive Compensation in Dual-Listed Israeli Companies

Adv. Micky Barnea, our firm's managing partner, was interviewed by Globes on executive compensation policies in dual-listed Israeli companies.

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March 30, 2018

Israel Wants to Be First Country to Collect Tax Via Airbnb

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.

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April 2, 2018

New Court Ruling Considers Tips Part of Waiter's Salary

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.

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February 20, 2018

What Is the Milchan Law? Interview with Adv. Harel Perlmutter

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.

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February 8, 2018

Israel Hopes Lower Taxes, Less Regulation Will Spur Trading Boom

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.

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