Afik News 082 17.08.2011

The establishment of a competing company by a shareholder entitles the Company to the profits of the competing company

Violations Securities laws wisleblowers in a public company are immune from dismissal if they expose violations to the authorities

A shareholder whose voting is not due to reasons of the best interest of the Company shall be deemed to have a personal interest in the vote

A new tax treaty between Israel and Malta dated August 10, 2011

The State of Israel recently signed a double tax treaty with Malta as part of the Ministry of Finance's policy to expand the number of treaties signed by Israel. At the same time, Israel's signing of a treaty with another country has led to an expansion of the network of treaties that facilitate the payment of double taxation and serve as a convenient basis for investment and provision of services...

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