Israeli taxation – individuals, companies and non-profit organizations

Consultation and representation regarding taxation of companies, partnerships, trusts, venture capital funds, collective settlements and cooperative associations, etc.

Secondary subjects:

• Insolvency – representation  and consultation in relation to tax aspects resulting from insolvency, liquidations and bankruptcies;
• Taxation of non-profit organizations – consultation and representation in connection with issues of classification as a public institution and classification of revenues as business-related.
• Taxation of gas and oil projects – consultation and rendering of opinions in connection with the different issues concerning liability for levies, income tax, etc.
• Controlling shareholders – our firm guides, represents and advises controlling shareholders of various companies, from the decision of founding the company and evaluation of the form of incorporation to the realization of investment and profits. Among the subjects that have earned special attention are Sections 3(I1), 62A and Section 77 of the Ordinance, the main purpose of which is to tax material shareholders for using a company to save payment of tax.
  Handling of and representation in loan forgiveness, distribution of dividends, reductions of capital, gains from revaluation, and buy back of shares.
• Guidance of transactions – guidance of transactions of acquisition and sale of shares, operations, assets. intellectual property, non-competition, royalties, etc. Each has characteristics and broad tax ramifications that necessitate treatment both at corporation level and at the level of the controlling shareholders.