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From the news

Recent transaction and litigation

Publications

January / 2017

Taxation of withdrawals from a company and use of its assets, and ongoing taxation of “wallet compan

The full update (in Hebrew) is available through the PDF icon.

TaxationTaxation
January / 2017

The Committee for the Reduction of Concentration publishes a draft opinion on economic concentration

The full update (in Hebrew) is available through the PDF icon.

Antitrust / Competition LawAntitrust / Competition Law
January / 2017

Taxation of severance pay upon deposition in a fund

The full update (in Hebrew) is available through the PDF icon.

TaxationTaxation
January / 2017

IVC – MEITAR 2016 Exit Report

We are pleased to attach the IVC-Meitar report on exit transactions in the Israeli hi-tech sector in 2016. As the report shows, high-tech exits climbed to $10 billion in 2016. The average exit in 2016 was $46.3 Million.

The full update is available through the PDF icon.

Corporate and SecuritiesCorporate and Securities
Geektime, December / 2016

Which important changes in working conditions did this year bring?

2016 continued the trend of improvement in the employment conditions of Israeli workers and now certain employees are entitled to additional vacation days and increased pension contributions. There is even a new public agreement for working students.

An article by Hila Silverstein of Meitar’s Employment and Labor Law Group provides an overview.

For the full article published at “Geektime” (Hebrew),

TheMarker, December / 2016

A new question mark hangs over National Outline Plan 38

A precedential judgment of the Supreme Court canceled a well-established practice obligating entrepreneurs to deposit letters of indemnity, and might create a delay in planning procedures and in the implementation of NOP 38 projects.

We invite you to read more on this recent developments in the field, in an article by the our head of Planning and Building Group, Adv. Tamar Migdal.

For the full article published at “TheMarker” (Hebrew),

Globes, December / 2016

A Proposal for a Mortgage Interest Deduction

Allowing a tax deduction for mortgage interest could significantly reduce the cost of home ownership. For example, a deduction for the interest on a 25-year mortgage of 1M NIS at a fixed 4% interest could provide up to 300,000 NIS discount over the life of the mortgage.

An article by Omri Davidov (Adv. and  CPA), from our Firm’s tax department 

For the full article published at “Globes” (Hebrew), please click here.