news

Blow to developers of urban renewal: will not be able to offset VAT inputs

July 15th, 2018

"This tax decision takes a bite out of a significant tax benefit that until now has been granted to developers and real estate contractors in Israel," says Adv. (CPA) Racheli Guz-Lavi, a partner in the tax department of our firm, in a Globes interview. For the full article, click here.... Read More Blow to developers of urban renewal: will not be able to offset VAT inputs

 

Fresh-Market supermarkets is going public on the stock exchange

July 8th, 2018

Adv. Amichay Finkelstein, a partner and head of the firm's Capital Market practice., and Adv. Harel Afargan and intern Dean Ben Yehoshua, accompany the supermarket chain Fresh-market in its process of IPO on the stock exchange. For the article, click here.... Read More Fresh-Market supermarkets is going public on the stock exchange

 

The summer vacation is here: How many days of vacation do I get from work every year?

July 8th, 2018

How are vacation days calculated for an employee? And is it legal to take out the entire office in August? In light of the summer vacation starting this this week, Adv. Rachel Harari-Lifshits, a partner and head of the firm's Labor and Employment practice examined the rights of parents in the the day after the summer camps - when the... Read More The summer vacation is here: How many days of vacation do I get from work every year?

 

The merger agreement between Reshet and Channel Ten was formally signed

July 5th, 2018

The merger agreement between Reshet and Channel Ten was formally signed. Now, both are awaiting approval from the Anti-Trust Commissioner. Adv. Eldad Koresh, managing partner and Orit Israeli, partner and head of the commercial department, represented Reshet in this deal. For the The Marker article, click here. For the Globes... Read More The merger agreement between Reshet and Channel Ten was formally signed

 

The tax authority is demanding a NIS 100 million tax from the Samsung importer

July 2nd, 2018

The tax dispute deals with the taxation of retroactive discounts on the importation of Samsung cellular handsets. The question is: what is the correct calculation method for the wholesale price, which bases the charge on a purchase tax, and whether the calculation should also take into account assumptions resulting from previous tran... Read More The tax authority is demanding a NIS 100 million tax from the Samsung importer

 

The failure of the local cannabis market: There is no entry for foreign investors

July 2nd, 2018

The medical cannabis market in Israel is growing rapidly, but regulation makes it difficult for foreign investors to divert money here. Adv. Yoav Etzyon, a partner in the high-tech department, said: "An investor who did not get permission to invest here told me: 'I am wiping Israel off my agenda'. For the full article, click here.... Read More The failure of the local cannabis market: There is no entry for foreign investors

 

The Innovation Authority will select six companies for technological pilots in India

June 26th, 2018

"As part of the firm's legal work with Israeli companies investing in India, and with Indian companies investing in Israel, the firm supports the Bridge for Innovation program and provides companies that participate in it with legal and business tools," said Adv. Benjamin Grossman, a partner and head of the firm's India desk. As part... Read More The Innovation Authority will select six companies for technological pilots in India

 

Why is there so much disorder in collecting municipal taxes in Israel? Adv. Assaf Oren explains

June 26th, 2018

Why is there so much inequality in all matters relating to the collection of municipal taxes between municipalities, who is entitled to a payment discount and how can it be realized? Assaf Oren, the head of the municipal taxation field at the firm, was a guest at Avi Katz's radio show and provided some important advice to listeners. ... Read More Why is there so much disorder in collecting municipal taxes in Israel? Adv. Assaf Oren explains

 

Is the requirement to pay retroactive municipal taxes illegal?

June 26th, 2018

Is the requirement to pay retroactive municipal taxes illegal? Adv. Assaf Oren, Head of the Municipal Taxation field at our firm, was interviewed by Sivan Cohen on Radio 103FM. Adv. Oren clarified the conditions for receiving a refund of municipal taxes that the Tel Aviv municipality collected retroactively, in accordance with a re... Read More Is the requirement to pay retroactive municipal taxes illegal?

 

Why do so many Israeli companies choose to go public overseas?

June 21th, 2018

Why do so many Israeli companies choose to go public overseas? Our partners and co-heads of the high- tech practice, Ian Rostowky and Yoav Etzyon weigh in on the subject in this Globes article. Cllick here.Read More Why do so many Israeli companies choose to go public overseas?

 

The questions surrounding the issue of the crypto currency, its collapse and the land purchased by Moshe Hogeg

June 21th, 2018

In light of the huge deal, which is one of the first real estate transactions in Israel in which virtual currency proceeds are paid in such a significant amount, the Tax Authority must deal with two main legal issues: The first - according to which stock exchange or index do you give a value to Bitcoin coins? Second, if the payment... Read More The questions surrounding the issue of the crypto currency, its collapse and the land purchased by Moshe Hogeg

 

A unique phenomenon - the public is required to pay for a service that it receives free of charge from the police

June 11th, 2018

Assaf Oren, the head of the municipal tax department in our office, was interviewed for Sivan Cohen's Hakol Kalul program and referred to the municipal charges for security in addition to municipal tax payments. To view, click here.... Read More A unique phenomenon - the public is required to pay for a service that it receives free of charge from the police

 

The Supreme Court: Examine the applicability of the Spam Law to Facebook posts

June 11th, 2018

Does Spam law apply to a Facebook message? Is receiving a friendship offer from a Facebook member an "explicit consent" to receive promotional mail from them? In a new ruling by the Supreme Court, the court sends a message to the small claims courts dealing with "spam" claims that when a case is brought to their attention, the appl... Read More The Supreme Court: Examine the applicability of the Spam Law to Facebook posts

 

Software houses, beware of inflated property taxes

May 30th, 2018

Read the article by Adv. Asaf Biger, Partner, and Adv. Assaf Oren from the litigation department regarding the reduction of property tax for hi-tech companies. Click here.Read More Software houses, beware of inflated property taxes

 

Petition against Shaked: "Restricted the possibility of filing a class action against Israel Lands Authority"

May 21th, 2018

Does Justice Minister Ayelet Shaked make sophisticated use of the authority that was granted her to extend the scope of the Class Action Law in order to reduce its application to the Israel Lands Authority, contrary to the legislator's intent? This is the claim that underlies a petition that was filed against the Minister a few days ... Read More Petition against Shaked: "Restricted the possibility of filing a class action against Israel Lands Authority"

 

What will happen to the cannabis bubble that drives the stock market crazy?

May 21th, 2018

What will happen to the cannabis bubble that drives the stock market crazy? Adv. Yoav Etzyon, a partner and co-head of the high-tech department, who accompanies the field, participated in an article that explains. For the full article, click here.... Read More What will happen to the cannabis bubble that drives the stock market crazy?

 

This is how the European privacy revolution will affect your internet

May 5th, 2018

The GDPR is coming. What does it mean? On May 25, after an adjustment period of two years, the European Union's privacy regulation is due to come into effect, which is expected to bring about a legal revolution that is expected to effect the world and Israel. Adv. Gal Omer, of the firm's Intellectual Property and Privacy Protectio... Read More This is how the European privacy revolution will affect your internet

 

"Creative Interpretation": Electra's winning of the IEC tender was invalidated

May 3rd, 2018

The Haifa Court of Administrative Affairs canceled Electra Energy's winning of a tender by the Israel Electric Corporation in August 2017 and ordered the matter to be returned to the tender committee of the company. This is a tender published by the Israel Electric Corporation for the laying of a high voltage line in Kiryat Bialik. ... Read More "Creative Interpretation": Electra's winning of the IEC tender was invalidated

 

Namogoo raised $ 15 million in round B

May 1st, 2018

Our office represents the Israeli start-up Namogoo, which announced last week about the raising of $ 15 million in round B. The transaction was accompanied by partner Tal Sheratzki-Jaffa and attorneys Noam Waldoks and Tal Tsarfaty Doron of the high-tech department. For the full article, click here... Read More Namogoo raised $ 15 million in round B

 

Will foreign companies pay more tax on options in Israel?

April 30th, 2018

"The ruling of the Supreme Court is inconsistent with the desire of the state to advance the field of high-tech and to encourage the development of human capital," says Adv. Racheli Guz-Lavi, a partner in the tax department, in an article in Calcalist about he tax rate to be paid by foreign hi-tech companies, which is controversial i... Read More Will foreign companies pay more tax on options in Israel?

 

High Court of Justice: Why are not tenders required for municipal corporations?

April 30th, 2018

The judges issued an order nisi against the state in a petition filed by the Association of Public Trust, which was joined by the Association of Builders of the Land, represented by attorneys Aya Reich-Mina, a partner, and Yinon Himi of the litigation department, In a hearing three months ago, the court ruled that the state must upd... Read More High Court of Justice: Why are not tenders required for municipal corporations?

 

An administrative petition against the Herzliya Municipality and the District Planning and Building Committee, claiming extreme and unreasonable foot-dragging

April 24th, 2018

Adv. Galit Shitzer, a partner in the real estate department and Adv. Asaf Oren of the Litigation Department filed a petition on behalf of the Association for the Advancement of Planning and Development of the Tekhelet Beach in Herzliya, in the framework of which they petitioned to expedite the planning process of Plan 2200 A, on the... Read More An administrative petition against the Herzliya Municipality and the District Planning and Building Committee, claiming extreme and unreasonable foot-dragging

 

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