The Knesset Finance Committee approved a draft bill for second and third readings to ease the conditions for tax relief during corporate restructuring. The bill was first published in the initial draft bill within the tax...more
3/5/2025
/ Business Entities ,
Capital Gains ,
Corporate Restructuring ,
Corporate Taxes ,
Income Taxes ,
International Tax Authority ,
Mergers ,
Proposed Legislation ,
Shareholders ,
Tax Deferral ,
Tax Liability ,
Tax Planning
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...more
3/4/2025
/ Capital Gains ,
Corporate Taxes ,
Guidance Update ,
Investment ,
Israel ,
SAFE ,
Securities Regulation ,
Tax Authority ,
Tax Planning ,
Tax Reform ,
Venture Capital
A recent court ruling in the Shalam Packaging Products Group case addressed claims made by the Netanya tax assessor. The assessor argued the group executed a restructuring solely to reduce its tax liabilities by offsetting...more
6/17/2024
/ Business Losses ,
Business Taxes ,
Capital Gains ,
Debt Restructuring ,
Insurance Claims ,
Parent Corporation ,
Property Damage ,
Shareholders ,
Subsidiaries ,
Tax Assessment ,
Tax Liability ,
Tax Planning
A district court ruling handed down this past September addresses the legitimacy of distributing dividends prior to a sale of shares in order to reduce the tax liability deriving from the transaction. The court found that, in...more
The uptrend in the number of public shell acquisitions has prompted the Israel Tax Authority to be even more meticulous in its examination of such transactions. The Jerusalem District Court recently ruled that when a buyer...more