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Recent transaction and litigation

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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.

December / 2016

Memorandum of Law for the enhancement of enforcement powers over senior executives in the defense

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

Homeland Security and DefenseHomeland Security and Defense
December / 2016

First enforcement by the Israeli Authorities against bribery of foreign public officials

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

Homeland Security and DefenseHomeland Security and Defense
December / 2016

Representation of the Chinese corporation, China National Agrochemical Corporation, in a purchase of

Our firm represented the Chinese corporation, China National Agrochemical Corporation in its purchase of 40% of Adama Agricultural Solutions Ltd. from Koor Industries Ltd. Upon the closing of the transaction, China National Agrochemical Corporation now holds 100% of the share capital of Adama Agricultural Solutions Ltd.

December / 2016

Temporary order concerning reduced tax rates for dividends received by substantial shareholders

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

TaxationTaxation