Guidance in collaboration with experts in the field on issues of taxes and government incentives, including with regard to the Capital Investment Encouragement Law, Chief Scientist funding, benefits for new immigrants (Hatavot Le-Olim) and returning residents (Hatavot Toshav-Chozer) and other tax benefits or state incentives or financing.
October 8, 2018
On (Employees) Stock Options and DivorcesStatistics indicates that more than a quarter of married couples in Israel will undergo a divorce. Some would say, like the well-known comedian Louis C.K., that marriage is just the preparation for the really good thing – the divorce. At the time of the divorce, the spouses’ assets are balanced and for this purpose each party’s assets are evaluated....
July 11, 2018
“Fresh Start” – Is a company bound by pre-incorporation agreements?Promises should be kept. However, what would you say of a new start-up whereby promises need not be kept? In the entrepreneurial world, it is customary for an entrepreneur to perform various actions on behalf of a company to be incorporated, even before its incorporation. Thus, for example, an entrepreneur would often hire employees, preform transactions and...
June 4, 2018
Taxation of payment for a non-compete obligationIn the framework of a merger transaction, the manager of a company or a shareholder signs a non-competition agreement and receives monetary compensation in consideration thereof. A few years later, during an audit by the Tax Authority, the Authority suddenly contends that the compensation is considered labor income and must be taxed accordingly (a tax significantly...