Firms To Watch: Tax

Established in 2022, Ben Ami, Bigon & Co is a tax boutique formed by Gilad Ben Ami, formerly a partner of Yaron-Eldar, Paller, Schwartz & Co. Law Offices. Ran Bigon is also a key name to note.
Private equity and tax boutique Raveh Haber & Co. stands out for its specialist expertise in funds-related tax matters.
With offices in Israel and Switzerland, Rosenberg Abramovich Schneller, Advocates is uniquely positioned to advise private individuals and corporate entities on trusts and related tax matters.

Tax in Israel

FISCHER (FBC & Co.)

FISCHER (FBC & Co.) boosted its practice in 2022 with the hire of a four-partner team from Eitan Mehulal Sadot, Advocates & Patent Attorneys, including Yaron Mehulal, co-founder of his former firm, and new tax co-head Noa Lev Goldstein. On the non-contentious side, the expanded team frequently pairs up with the wider firm’s formidable corporate and banking practices to excel in transactional and cross-border tax matters. All key partners are also equipped to advise on tax litigation, including transfer pricing, assessment proceedings and international tax-related disputes. Anat Shavit co-heads the department, and is sought after for her extensive experience across the full spread of tax matters. Municipal tax head Sagit Avital Assaf and newly promoted partner Yuval Peled are also recommended.

Practice head(s):

Anat Shavit; Noa Lev Goldstein


Other key lawyers:

Yaron Mehulal; Sagit Avital Assaf; Ofir Fartuk; Yuval Peled; Jonathan Shtang


Testimonials

‘The team, led by Noa Lev Goldstein, comprises top-notch professionals who communicate openly, bringing innovative thoughts, opinions, and ideas. They focus on goals and results. They are reliable, honest, positive and detail-oriented. Their understanding of the wider industry makes them irreplaceable.’

‘Noa Lev Goldstein brings many years of experience, both as a lawyer and a CPA within the Israeli Tax Authority. She has deep and wide knowledge and experience in all aspects of taxation. She is a go-getter, and she is determined to succeed and works hard to achieve this.’

‘As far as the client is concerned with the importance of good service, responsiveness, ability to answer issues, knowledge in the field and professionalism, Anat Shavit and her team provides all of the above with the additional ability to think outside the box.’

‘The team understands the client’s needs. Brings flexibility and understanding.’

The team was highly dedicated, reviewed and analysed numerous legal documents from several prior conflicts connected to the matter in hand, in order to achieve the optimal method to handle this specific matter, which due to its complexity, required delicate handling.’

‘The team demonstrated a unique professional approach. Understood our deepest needs, adequately researched and pointed out the relevant options for us, and then negotiated until a proper solution was found with the other side of the deal.’

We have a long working relationship, which makes their understanding of our structural needs easy and quick. Great knowledge of both tax and accounting practices and strong connections to the ITA.’

Key clients

J.P. Morgan


Codere Group


Qualcomm Technologies, Inc.


Tower Semiconductors


Goldman Sachs


Cross River Bank, Inc.


Mobileye B.V.


Medtronic Trading LTD


Azrieli Group


Big Tech 50


Biosense Webster Ltd (Johnson & Johnson)


Sumitomo Corporation


Sky Fund


Adama Group


Groupon


Ilan Holdings Ltd.


Bezeq – The Israel Telecommunication Corp. Ltd.


Blue Harbour Group


IDE Technologies


Y.G.M investments Ltd


Israel Ports Development & Assets Company (IPC)


MeaTech Group


Clal Industries Ltd.


Mekorot Water Company Ltd


Amit Women Foundation


Source of Sound Group


Reshet Media Group


Check-Cap


SIBF II


IDE Technologies


Amot Investments Ltd.


ASHTROM Group Ltd.


Sonol Israel Ltd.


Holmes Place Group


Tidhar Group Ltd.


Hanan Mor Group Holdings Ltd.


Kibuz Ein Gev


Azorim Group


Amram Avraham Group


Tsabarim Group


Work highlights


  • Advised Qualcomm Technologies on the tax aspects of its acquisition of Cellwize Wireless Technologies.
  • Represented Clal Industries in two separate tax appeals to the Haifa District Court concerning a tax assessment issued by the ITA regarding certain purchase and sale transactions.
  • Successfully represented YGM Investments in a tax appeal against the ITA concerning the VAT Law.

Goldfarb Gross Seligman & Co.

Praised by clients as ‘the go-to team for complex matters’, Goldfarb Gross Seligman & Co. houses a full-service practice which shines in planning, transactional, and contentious matters. The group is further distinguished by its international tax expertise, where it can lean on the firm’s Zurich branch to provide support to private and corporate clients on cross-border planning issues. Tal Atsmon has extensive experience in all core tax areas, whereas Yaron Sever specialises in tax consulting and tax planning. Gill Nadel, who spearheads the international trade tax offering, and Liat Faig-Neuwirth, head of the VAT practice, are also key figures. Elsewhere, Eran Faibish is an integral name, as is Oren Biran who handles a sweep of tax planning, transactional tax structuring and litigation work, with strong experience in fund-related issues. Moti Balilti‘s practice takes in tax structuring, transfer pricing and international taxation, among other matters. The firm was formed in January 2023 through the merger of leading firms Gross & Co and Goldfarb Seligman.

Practice head(s):

Tal Atsmon; Yaron Sever; Oren Biran; Gill Nadel


Other key lawyers:

Liat Graber; Elisha Kesner; Liraz Tubul; Liat Faig-Neuwirth; Inbal Faibish Wassmer; Moti Balilti; Shay Fahima; Ayal Shenhav


Testimonials

‘The go-to team for complex matters. Very professional and skilled team, with diverse knowledge in the various tax areas.’

‘Tal Atsmon and Yaron Sever have unique knowledge and expertise in taxation of funds, partnerships, SPACs, etc. Liat Faig-Neuwirth is highly professional on complex VAT matters and is also very pleasant to work with.’

‘Goldfarb has the breadth of talent to put forward specialists in each of the areas we needed advice, usually with a very strong network within the local administrations.’

‘Tal Atsmon has been instrumental in negotiating with authorities on sensitive matters for the immigration of a high-profile family, and in negotiating with local authorities on matters of property law.’

‘The team has significant international tax experience, with expertise in US matters as well as in other jurisdictions outside of Israel. This expertise enhances their ability to bridge the gap between US taxation and Israeli taxation, as such issues arise frequently in international transactions.’

‘Very creative, dedicated and connected. Ayal Shenhav and Oren Biran are exceptional.’

‘The team is knowledgeable, swift, practical. Oren Biran, Ayal Shenhav and Moti Balilti are amazing.’

‘The team’s vast knowledge makes it uniquely positioned to assist both international and Israeli resident clients, including VC funds, private equity funds, hedge funds, real estate funds and high-net-worth-individuals with tax planning and also as necessary, representation in front of the ITA.’

Key clients

AIG Inc.


UBS AG


The Goldman Sachs Group, Inc.


Credit Suisse


Cisco Systems Inc.


Dell EMC Corporation


Bank Hapoalim B.M.


Arison Group


Teva Pharmaceutical Industries Ltd.


Playtika


ION Acquisition Corp. 1 Ltd.


REE Automotive Ltd.


Pagaya Technologies Ltd.


MyHeritage Ltd.


Itamar Medical Ltd.


DSP Group, Inc.


SodaStream International Ltd.


Michman Basad Ltd.


Adidas Israel Ltd.


Israel Discount Bank Ltd.


Medtronic plc


A.L. Ten Bis Ltd. (“10bis”)


Shufersal Ltd.


Menivim – The New REIT Ltd.


Property and Building Group


Isracard Ltd.


Synopsys Inc.


Alony Hetz Properties and Investments Ltd.


Matrix I.T. Software Services Ltd.


The Phoenix Insurance Company Ltd.


Electra Real Estate Ltd.


Transcendent Electra


IBI Real Estate Partnerships Ltd. (IBI Pillar)


Finance Differently Fund of Funds


Ruby Capital


Menivim – The New REIT Ltd.


J-C Healthcare Ltd.


Israel Chemicals Ltd.


ServiceNow Inc.


Tambour Ltd.


Federation of Israeli Chambers of Commerce (FICC) and the Tel Aviv Chamber of Commerce


MDA- Magen David Adom in Israel


ADAMA Agricultural Solutions Ltd. (formerly Makhteshim Agan Industries Ltd.)


Golf & Co Ltd.


Shekel Group


CAL Cargo Airlines


Abu Yehiel Construction Company


Benfid Verwaltungs AG


Withersworldwide LLP


Valueworks AG


Transforma AG


Collyer Bristow LLP


Breath of Life International Ltd.


Hot Telecommunication Systems Ltd.


Unilever Israel Group


Alonyal Ltd.


Representing Israel’s leading car importers


Gottex


The H.Y. Group


Synergy Cables Ltd.


MRC Alon Tavor Power Ltd.


Insight Partners XII


IPC Jerusalem Ltd


Babcock Power Inc.


Cim Commercial Trust Corporation


E-Travel.com


Y.D. More Investments Ltd


Cross Israel Highway Ltd


Blumberg Capital Fund


Company Capital I Fund


Cyberstarts Venture Opportunities


Israel Secondary Fund III


Versatile Natures Ltd.


Cipia Vision Ltd.


Battery Ventures


HoneyBook, Inc.


Equitybee Inc


Otonomo Technologies Ltd. (Nasdaq)


American Well Corporation


Zim Integrated Shipping Services Ltd


Testim – Computerized Verifications Ltd.


Work highlights


  • Representing an international cyber company in a tax litigation case involving cross-border aspects.
  • Acted as Israeli counsel to Insight Venture Partners in multiple investments and purchases of Israeli companies.
  • Representing Pagaya Technologies in a de-SPAC agreement for its merger with EJF Acquisition, a SPAC.

Gornitzky & Co.

Fielding a destination tax group, Gornitzky & Co. is widely revered for its performance in all core areas of practice. The team draws superlative praise from clients for the strength of its contentious offering, boasting premier experience in precedent-setting cases, including white-collar criminal matters. On the non-contentious front, the team is a popular choice for assistance with transactional tax, private client issues and real estate tax. Firm chairman Pinhas Rubin is an authority on Israeli tax law, with specialist expertise in criminal tax proceedings. Department head Daniel Paserman maintains a broad practice, though is particularly noted for his litigation prowess. The deep bench also includes corporate tax specialist, Gil Grady, and next-generation partner, Shlomo Aviad Zider.

Practice head(s):

Pinhas Rubin; Daniel Paserman


Other key lawyers:

Gil Grady; David Goldman; Shlomo Aviad Zider


Testimonials

Very knowledgeable and practical.  Their experience allows them to think broader than just Israel, which helps in M&A and integration type work. They also help to bridge the culture between Israel and other countries.

‘An excellent tax team.’

‘Daniel Paserman is very professional and smart.’

Key clients

Roche


International Flavors & Fragrances Inc.


PayPal


Cisco


IBM


Shopify


Yum! Brands


Goldman Sachs


Morgan Stanley


Citigroup


Work highlights


  • Successfully represented Medingo (a subsidiary of Roche) in an appeal against the ITA.
  • Represented two multinational corporations in tax appeal procedures concerning the sale of IP following their acquisitions of Israeli start-ups.
  • Represented Group 11 in the $200m closing of its fifth fintech fund and in its registration for the TASE UP trading platform, including tax aspects.

Herzog Fox & Neeman

A popular choice for high-stakes tax matters, Herzog Fox & Neeman‘s team is commended by clients as ‘the highest quality tax practice embedded in the highest quality corporate law firm.’ The team routinely advises major domestic and multinational corporations, investment funds, and high-net worth individuals on the full spectrum of advisory, tax planning, transactional and contentious matters. Firm chairman and tax head Meir Linzen brings over four decades of experience to his role and is particularly sought after for international tax work. Deputy department head, Guy Katz, and corporate tax head, Yuval Navot, are also highly regarded specialists, while tax litigator, Ofer Granot, is a talented up-and-coming partner.

Practice head(s):

Meir Linzen


Other key lawyers:

Guy Katz; Yuval Navot; Ofer Granot; Daniel Lipman Lowbeer; Ronen Avner


Testimonials

‘It is the highest quality tax practice embedded in the highest quality corporate law firm.’

‘All lawyers provide US-standard service levels. Practitioners that stand out are Yuval Navot, Meir Linzen, Daniel Lipman Lowbeer and Guy Katz.’

‘The Herzog team is very strong technically, knowledgeable regarding the M&A market in Israel in general and the tech sector specifically, hire and train top talent, focus on client needs and are very good business advisors.’

‘Yuval Navot is hands down the strongest tax partner of any law firm in Israel – he is smart and knows the law and case law perfectly. He cares deeply about his clients, is great at advising clients while focusing on the technical side as well as on the business needs. An all-around great guy.’

The team is very knowledgeable and has very good experience in our industry and in dealing with the ITA on important matters.’

The team has vast experience and was very knowledgeable in every tax matter I brought up. The level of service is high, and the fees are reasonable. Being part of a large law firm is a big plus.’

I work with Yuval Navot. He is very experienced in the tax field and super responsive to us. He has a unique combination of deep technical expertise and practical experience.

Key clients

888 Holdings


J.P. Morgan, BofA Securities, HSBC Bank, and BNP Paribas


Israel Electric Corporation


Bank Leumi


Leonardo DRS


Fusion Media


D1 Capital Partners Fund


Neogames


WeWork


Leaderim


PlayStudios


Work highlights


  • Represented 888 Holdings group on the tax aspects of its acquisition of William Hill’s activity outside the US.
  • Acted as lead Israeli tax counsel to the underwriters (JP Morgan, BofA Securities, HSBC, and BNP Paribas) on Teva Pharmaceutical’s $5bn four-tranche, sustainability-linked high-yield bond offering.
  • Acted as lead Israeli tax counsel to Bank Leumi on its NIS2.7bn global share issue.

Meitar Law Offices

Meitar Law Offices stands out for its thriving transactional tax practice, which is fuelled by the wider firm’s leading corporate and M&A offering. The team also packs a punch in cross-border tax matters, where it draws on several dual-qualified lawyers with broad international experience. Department head Eldar Ben-Ruby ranks among the leading tax partners in Israel and is highly regarded for his expertise in international taxation and fund formation. Michael Bricker is regarded as a ‘leading adviser in Israeli tax, transfer pricing and international tax’; notably, he is New York- and Israel-qualified and brings additional experience in European tax. Shaul Grossman and Keren Shitrit are also noted.

Practice head(s):

Eldar Ben-Ruby


Other key lawyers:

Shaul Grossman; Michael Bricker; Keren Shitrit


Testimonials

‘Michael Bricker stands out as a leading advisor in Israeli tax, transfer pricing and international tax due to his vast experience and superior knowledge. He brings a unique approach and every session with him is meaningful.’

Key clients

Delta Gallil


Omninet TLV LLC


Energean Israel Finance Ltd.


Lumenis Ltd.


eToro


ironSource Ltd.


Monday.com


The Viola Group


The Pitango Group


Starkware


Shekel & Co.

The leading tax boutique in the market, Shekel & Co.‘s team is made up of lawyers who ‘think of innovative solutions and actually deliver them’. A go-to team for both contentious and non-contentious issues, the firm’s exclusive focus on tax translates into a deep and broad practice that is commended for its unique expertise in various areas, including energy, international matters and real estate. Yaniv Shekel is a high-profile tax specialist who frequently advises on high-stakes tax issues in the transactional and contentious spheres. Other key contacts include Ofer Elboim, who specialises in VAT and real estate; Ayelet Hillel-Birenzwig, who has a focus on tax litigation; and international tax specialist, Binyamin Tovi.

Practice head(s):

Yaniv Shekel; Ofer Elboim


Other key lawyers:

Binyamin Tovi; Ayelet Hillel-Birenzwig; Dean Klaro


Testimonials

‘A unique group of tax experts, providing legal services in various tax issues at the highest professional standards, while being very service minded.’

The team’s professional strength is demonstrated by its attention to details, thoroughness and creativity. Important to note that it has a unique and strong knowledge of the local oil and gas taxation regime.

‘Yaniv Shekel, who also manages the firm, is extremely sharp and knowledgeable in various tax fields, provides creative thinking and solutions in complex tax cases. He is also a valuable member in different tax forums.’

Dean Klaro is a talented professional; thorough, responsive, unique with strong knowledge of the local oil and gas tax regime as well as demonstrable knowledge related to corporate tax. Experienced in litigation and tax rulings. All that, hand-in-hand with a positive and pleasant approach.

Binyamin Tovi is a leading professional and our go-to advisor for international taxation. Knowledgeable, through, responsive and pleasant.

‘The thing that makes this team different is its lawyers’ dedication to specific tasks and their motivation to do well on delivering the jobs. However, what makes them unique, is their years of experience in this field of work.’

‘The team is very creative and responsive. They are trustworthy and have great connections with the tax authorities. They think of innovative solutions and actually deliver them, by approaching the tax authorities. They have people dedicated to the different taxes we encounter.’

‘Yaniv Shekel is great. He is very creative, checks our returns and tax positions, and thinks of new ideas on how to save tax. We’ve used him for litigation and for compromises, and he succeeded in both. He is very highly regarded in the tax field, and the mentioning of his name is often enough to convince our CPA.’

Key clients

Chevron


New-Med Energy


Bank Hapoalim


G-City


Colmobil Group


Amot Investments


Maccabi Healthcare Services


Isracard


Melisron


Alony Hetz


Work highlights


  • Represented Ayalon Holdings and Ayalon Insurance Company in a merger tax pre-ruling, involving corporate tax and VAT applications.
  • Advised Edeltech Group on a restructuring following the purchase of Hagit power plant from the Israeli Electric Company.
  • Advised Hachsharat Hayeshuv and Menora on the tax aspects of an innovative investment in urban renewal projects.

Amit, Pollak, Matalon & Co. Advocates and Notary

Amit, Pollak, Matalon & Co. Advocates and Notary‘s tax team routinely acts alongside its market-leading VC and investment funds practice, representing various funds and fund managers on a host of issues. Additional sector strengths include hi-tech and real estate-related tax. Doron Levy, who heads the tax and class action practices, advises on both transactional and contentious matters. Co-managing partner Racheli Guz-Lavi is particularly noted for transactional tax, while of counsel Yifat Weiss has a focus on transactional tax and incentive plans. Omer Ben Matityahu left to become CEO at Plat4Me.

Practice head(s):

Doron Levy; Racheli Guz-Lavi


Other key lawyers:

Yifat Weiss


Testimonials

‘Excellent team . Very professional, very responsive and devoted to their clients, particularly Doron Levy and Racheli Guz-Lavi.’

Key clients

Aleph Farms


Gottex Brands Holdings Ltd.


IM Cannabis Corp


Israel Infrastructure Fund (IIF)


Mishan (Senior Living Facilities Group)


Nano-X Imaging Ltd.


Optas Industry Limited


Peninsula Investment Fund Growth and Peninsula Group Ltd.


Saferide Technologies Ltd.


Sweetwood Ventures SCSp-RAIF II (Sweetwood Fund)


The Nielsen Company


Timora real estate fund


Work highlights


  • Advised Aleph Farms on the tax aspects of a $105m funding round.
  • Acted for Israel Infrastructure Fund on the formation and fundraising for its fourth fund, including seeking preliminary tax approval.
  • Advised Nano-X on the tax aspects of its $200m acquisition – by way of reverse triangular merger – of Zebra Medical Vision.

Arnon, Tadmor-Levy

Arnon, Tadmor-Levy‘s recent merger saw the addition of former Tadmor Levy partner Boaz Feinberg to Yigal Arnon’s robust practice. Feinberg, who is praised for his understanding of the ‘complex issues associated with clients who have cross-border connections’, brings experience in corporate and private client tax matters. He joins a department that already had a strong international dimension, particularly in regard to supporting on multi-jurisdictional transactions. Ofir Levy, who handles an array of advisory and contentious matters, is a further name to note.

Other key lawyers:

Ofir Levy; Boaz Feinberg


Testimonials

‘Boaz Feinberg is very knowledgeable and creative in transactional tax considerations, both domestic and international, as well as indirect taxes, and especially VAT. Boaz is very quick to respond and provides professional tax solutions in a variety of issues. I truly recommend him as a tax expert.’

‘We recommend the team for its smart thinking, both in and out of the box. Boaz Feinberg is readily available, helpful and thoughtful.’

‘This practice is unique in that the tax group understands the complex interplay between U.S. and Israeli rules, since most of the clients have those types of connections. They are excellent in accomplishing clients’ objectives.’

‘Boaz Feinberg is one of the best tax lawyers in Israel. He is very responsive, and he understands the complex issues associated with clients who have cross-border connections between the US and Israel, in particular. He always tries to develop practical solutions and is very effective in crafting solutions.’

‘Boaz Feinberg is practical, knowledgeable, and delivers with a quick turnaround time.’

Key clients

Nvidia Corporation


Intel Corporation


Salesforce.com, Inc.


PayPal Holdings, Inc.


Quotient Technology Inc.


IBM International Group B.V.


Hewlett Packard Enterprise


eBay


Palo Alto Networks, Inc.


Oracle Corporation


General Electric Lighting


Snap Inc.


Boston Scientific Corporation


Dentsply Sirona Inc.


El-AL Israel Airlines Ltd.


Voodoo SAS


Max It Finance Ltd.


W.I.C Group Ltd. & WorldCom Finance Ltd.


Hapolaim Bank


Leumi Bank


Work highlights


  • Represented Intel in its $500m acquisition of all of the share capital of Israeli start-up Granulate, including all related tax aspects.
  • Advised El Al on various tax-related issues, including tax controversies relating to its subsidiaries and indirect tax matters.
  • Advised IBM on its acquisition of Databand.ai.

Benjamini & Co.

Benjamini & Co.‘s real estate expertise is acknowledged by a host of clients, who commend the tax boutique as the ‘most professional, reliable and effective property tax law firm in Israel’. Among its other practice strong suits, the team is recognised for its experience in M&A, technology and employee equity plans. Led by Yair Benjamini, who has a strong record in advising on international tax matters, the team also includes Sagiv Ron, who focuses on the tax aspects of real estate transactions, and associate, Elizabeth Krishmarov. Experienced of counsel, Ariel Schaffer, is also noted.

Practice head(s):

Yair Benjamini; Sagiv Ron


Other key lawyers:

Doron Elmekiesse; Shahar Strauss; Elizabeth Krishmarov


Testimonials

‘Benjamini & Co is the most professional, reliable and effective property tax law firm in Israel. Shachar Strauss exhibits the highest level of expertise, professionalism and empathy of any property tax lawyer in Israel.’

Yair Benjamini is exceptionally smart and a committed advocate on behalf of his clients.’

‘A very good team with strong knowledge and strong connections in the tax authorities. Lawyers are very sharp and very friendly.’

‘When it comes to equity plans, the firm has unique expertise in Israel. Information and advice is always practical and easy to follow.’

‘Very professional, with a very high level of service which is, without a doubt, higher than the normal.’

‘Shahar Strauss is very professional, highly intelligent, knows how to think outside of the box to find and initiate creative ideas and, in parallel, maintains a high level of service.’

‘Yair Benjamini and Elizabeth Krishmarov are extremely responsive and reliable. They are always keen to establish partnerships and collaborations and serve our clients to their best of their abilities.’

‘Very professional, very dedicated, very trustworthy. The team does not leave issues uncleared.’

Key clients

Kardan Real Estate Enterprise and Development Ltd., Rotem Shani Construction Company Ltd.; Meshulam Levinstein Contracting & Engineering Ltd; Yuvalim Group Ltd.; Alami Igal & Co. Ltd.; Dimri Galim– TAMA 38


Merck & Co.


Pizza Hut Europe


Pfizer Inc.


Levinstein Properties Ltd.


DoorDash Inc.


Salesforce.com Inc.


Walmart Inc.


Microchip Technology Incorporated


Diamonds Direct, Inc.


Alphabet Inc.


Fortive Corporation


ServiceNow Inc.


Surgical Science Sweden AB


Fortinet Inc.


eToro Group Ltd.


Johnson & Johnson


Work highlights


  • Acted for eToro Group on the tax aspects of its proposed transaction with Fintech Acquisition Corp V, a SPAC, and its prospective listing on the Nasdaq.
  • Advised DoorDash on the Israeli tax aspects of the acquisition of Wolt Enterprises in an all-stock deal.
  • Acted for Surgical Science Sweden on the Israeli tax aspects of its purchase of Simbionix US – a US corporation, which held Israeli company, Simbionix.

S. Horowitz & Co

The team at S. Horowitz & Co is adept across a wide spectrum of corporate, partnership and individual tax work, with notable experience in cross-border matters, transactional tax, private client issues, and tax disputes, to name a few. In a recent demonstration of several of its practice sweet spots, department head Leor Nouman paired up with Ophir Kaplan to represent Veolia Group before the district court, as well as in discussions with the ITA, in a case regarding the taxation of the sale of its Israeli operations to US-based Oaktree Capital Management. Associate Zmira Joseph Arbel left to join SodaStream in April 2022.


Practice head(s):

Leor Nouman


Other key lawyers:

Ophir Kaplan


Key clients

Veolia Group


The Israel Electric Corporation


Bank Hapoalim Ltd


Dubek Group


Allianz Group


Perrigo Group


Hadassah Medical Center & The Women’s Zionist Organization of America


The Weizmann Institute of Science (WIS) and Yeda Research & Development Ltd


Elyakim Ben-Ari Group


Egged Transportation Ltd.


Vontier Group


7-Eleven Group


The Paz Group


Wizz Air


The Readymix Group


British Airways


Work highlights


  • Advised Veolia Group on a dispute concerning the taxation of the sale of its Israeli operations to Oaktree Capital Management.
  • Advised the Weizmann Institute of Science and Yeda Research & Development on various tax matters.
  • Advised Israel Electric Corporation on the sale of five power plants, including tax matters.

Yaron-Eldar, Paller, Schwartz & Co. Law Offices

An increasingly prominent boutique, Yaron-Eldar, Paller, Schwartz & Co. Law Offices continues to consolidate its offering following the arrival of international tax specialist, Henriette Fuchs, and senior associate, Roy Grilak, from Pearl Cohen Zedek Latzer Baratz in early 2022. The tax-focused firm is noted for its standalone offerings in various specialist fields, including corporate tax, indirect tax, international tax, and tax litigation. High-profile managing partner Tali Yaron-Eldar is a former Income Tax Commissioner of the State of Israel who advises on direct and indirect taxation. Younger partner Amit Gottlieb is ‘always cool when matters get hot’.

Practice head(s):

Tali Yaron-Eldar; Roy Paller; Rany Schwartz; Amit Gottlieb; Henriette Fuchs


Other key lawyers:

Yossi Baruch


Testimonials

‘The people I work with are very available and give excellent service. They are very thorough in their analysis and answers to the various situations and problems. I highly recommend working with them.’

‘An experienced team. Lawyers go the extra mile.’

‘Amit Gottlieb is always available. Fast understanding, creative solutions, always cool when matters become challenging.’

‘I think they are very professional and well diversified in various domains. The proof is that I have sent some of my clients here.’

Key clients

Jewish Agency


Israel Shipyards


MasterCard


Forever 21 Israel Ltd


Gadot Chemicals


Davidson Capital GmbH


INX


Follow the Seed


Pureplay


Silver Castle


Gleis Family


PAZ refinery


Innoviz Technologies Ltd


Work highlights


  • Advised The Jewish Agency on a $150m sale of shares.
  • Advised Mastercard Group on a cross-border, full tax analysis of a new reward system.
  • Advised Silver Castle on the issuance of a unique financial instrument: a bond linked to the bitcoin rate.

Yossi Elisha Calderon & Co.

Specialist tax firm Yossi Elisha Calderon & Co. advises both private and corporate clients on a varied mix of transactional tax, real estate tax, VAT issues, and tax litigation. The team has developed particular expertise in tax issues relating to kibbutzim and co-operative societies, with a strong record in advising on restorative payments before the Land Authority. Other practice strong suits include M&A and urban renewal-related matters. Yossi Elisha and Benny Calderon are the key names to note; both maintain diverse practices encompassing advisory and contentious matters.

Practice head(s):

Yossi Elisha; Benny Calderon


Other key lawyers:

Yarden Avidani-Akirav


Key clients

Elco Group, including Electra Ltd.


The Prashkovsky Group


Ashdod Port


Elezra Holdings Ltd. – Albar Group , Afridar Building & Development Israel Co. Ltd, Hachshara Insurance Company


Almog Yam Suf Real Estate (Papushado Group)


Professional organisations – |The Institute of Tax Consultants in Israel, The Israeli Bar Association


Gindi Holdings


Bank Hapoalim


YeinotBitan -Mega


Avis – UMI Group


Gabay Group


Allied Group


Yuvalim Group Projects Ltd.


National organisations -NA’AMA, IDF disabled veterans organisation


Tax Consulting to Local Municipalities: Ashkelon Municipality and Economic Company; Ashdod Municipality; Ramat Gan Municipality; Kyriat Ono Municipality; Lod Municipality; Hod-Hasharon.


Sella Capital Real Estate Ltd.


Bonei Hatichon Group


Carmel Winery


Work highlights


  • Acting as  tax counsel to the Elco Group and its subsidiaries, managing all taxation matters in deals totalling over NIS2bn.
  • Representing the Ashdod Port on all tax aspects of its activity.
  • Representing Avis before the ITA on various matters.

Agmon with Tulchinsky Law Firm

In line with the wider firm’s industry strengths, Agmon with Tulchinsky Law Firm’s tax group enjoys strong links to clients in the hi-tech, healthcare, and life sciences sectors. In particular, the team is regularly instructed by Teva Pharmaceuticals, with recent engagements including advice to the multinational on various capital raising transactions. Isaac Marciano, who spearheads the team, is well-versed in transactional and contentious tax matters.

Practice head(s):

Isaac Marciano


Other key lawyers:

Elad Mirvis


Key clients

Teva Pharmaceutical Industries Ltd.


Orbotech Ltd.


The Caesarea Edmond Benjamin de Rothschild Foundation and The Caesarea Edmond Benjamin de Rothschild Development Corporation Ltd.


Fingenom Ltd.


Work highlights


  • Advising Teva Pharmaceutical Industries on domestic and international tax matters, including capital raising and disputes.
  • Acting for Orbotech on the tax aspects of major transactions.
  • Acting for Caesarea Foundation on all ongoing taxation matters, including representation before the various tax authorities.

BRACHA & CO

BRACHA & CO is widely recognised for its niche expertise in cryptocurrency taxation, where it has experience in representing private clients and investors on NFT initiatives and blockchain-based technologies, among other issues. The tax boutique also secures a significant volume of work relating to the real estate sector, including urban renewal projects and real estate transactions. Practice chair Itay Bracha is equipped to advise on both civil and criminal tax proceedings.

Practice head(s):

Itay Bracha


Key clients

Intercure Ltd.


Bank Leumi Le Israel Ltd.


Tarya


Majority shareholder in Fattal Group


Mr. Michael Ganor


Altshuler Shaham Investment House


Israel Canada (TASE: ISCN)


YBOX (TASE: YBOX)


Israel Discount Bank


Special Expertise: Compilation of High Net Worth Individuals / Families


The Fortune Group


Clearshift


Special Expertise: Cryptocurrency


The Diamonds Club


Work highlights


  • Represented InterCure on the tax aspects of its merger with Subversive Real Estate Acquisition REIT, a SPAC.
  • Advised a majority shareholder in the Fattal Hotel Group on a comprehensive foreign trusteeship holding structure and disclosure tax arrangement valued at several billion shekels.
  • Advised Tarya on the taxation aspects of its merger with Luzon Real Estate, through a reverse triangular merger transaction.

Dr. M. Druker & Co. - Advocates & Notaries

Dr. M. Druker & Co. - Advocates & Notaries houses a deep and experienced five-partner team which focuses exclusively on tax issues. Handling a mix of civil and criminal tax matters, the practice counts an array of shipping companies, construction companies, state-owned entities, and private individuals among its clients. Seasoned specialist Moshe Druker steers the department together with the ‘stand-out’ Ori Druker; both are equipped to advise on contentious and non-contentious matters.

Practice head(s):

Moshe Druker; Ori Druker


Other key lawyers:

Eyal Tzidkiyahu; Miki Michaelovits; Israel Mandel


Testimonials

‘A unique tax-focused advisory firm. The key attributes of the firm include, first and foremost, its high level of professionalism and deep understanding of the tax code. The firm’s decades of experience in solving complex tax problems, also ensures a unique approach and relationships with its clients.’

‘The firm is able to provide a holistic approach to tax issues, covering the immediate problem together with a long-term view of the client and its successors needs. This boutique approach enables the firm to provide tailor-made and very personal solutions.’

‘Ori Druker is a stand-out counsel and tax adviser. As the second generation to head the firm, Ori understands the value of reputation to the success of the practice. Accordingly, alongside his mastering of the tax code, Ori spends time to understand the business and human aspects of each project.’

‘I work with Ori Druker exclusively and would use only Ori for tax issues in Israel. I value his sincerity, his honesty, the calm and tenacious manner in which he approaches each issue. His knowledge of Israeli tax law is second to none.’

‘Eyal Tzidkiyahu, Uri Druker and Israel Mandel are all unique experts in their field of practice and, besides advising the client, they all do litigation if needed and protect their own advice.’

‘Eyal Tzidkiyahu is brilliant and a true professional. He knows all the key people in the Israel tax authority, which can help in advancing things quickly. He knows it all, and is always available.’

‘This is a professional, experienced team. Lawyers are accessible and possess deep understanding of the tax laws and practice, combined with a pragmatic approach.’

‘This team is highly experienced and holds cross-generational know-how that is not available to too many tax attorneys. Between the founder Moshe Druker and his son Ori (who by himself holds more than 30 years of experience) the cumulative experience is immense.’

Key clients

Zim


Mr. Dan Gertler and DGI (Dan Gertler International) Group of Companies


Howden Israel


Bezeq the Israeli Telecommunication Corp Ltd.


Mr. Yaron Meir


Mr. Boris Podolsky


Mr. Eli Ayoun


Gabso Group – Urban Renewal


Rafaeli Group – Urban Renewal


Bonei Hatichon


Ram Engineering


Ram in the City


Compilation of Representation of Individual Groups of Landowners


Leonardo Group – Urban Renewal


Radco – Urban Renewal


Private Landowners


Eldav Investments Ltd.


Work highlights


  • Represented Zim in efforts to reclassify the tax it pays on its global operations, from corporate tax to tonnage tax.
  • Successfully represented a returning resident entitled to certain tax reporting exemptions on income produced outside of Israel in appealing a tax assessment.
  • Represented a small business owner in a Covid-19-related tax dispute.

Meir Mizrahi & Co. Law Office

Meir Mizrahi & Co. Law Office demonstrates strong activity in real estate tax, international tax, VAT-related issues, and litigation, among other areas. The boutique firm possesses an extensive client list, which includes major domestic and multinational companies as well as public-sector entities. As a former Director of Real Estate Taxation at the ITA, practice chair Meir Mizrahi is particularly noted for real estate-related issues.

Practice head(s):

Meir Mizrahi


Other key lawyers:

Yoni Cohen


Testimonials

I have been receiving advice from Meir Mizrahi and his office for many years. The firm is very professional and very helpful. It is pleasant to work with Mizrahi and his team, and it is clear that the firm is a centre for legal counsel and attorneys who are excellent in their field.

Meir Mizrahi stands out.’

‘Yoni Cohen is very professional, and we look forward to working with him.’

‘The junior lawyers act professionally, are available for advice on issues that are at stake, and provide excellent service.

Key clients

National Union of Israeli Students


Shikun & Binui


Amdocs


Acro Real Estate Group


Compilation of Urban Renewal Projects


Aura Israel – Urban Renewal


Ashdar, of the Ashtrom Group – Urban Renewal


Metropolis Urban Renewal


Meshulam Levinstein Group – Urban Renewal


Z.F. Building Company – Urban Renewal


Gindi Holdings


Ari Real Estate (Arena) Investments Ltd.


Azorim


Allied Group


Israel Airport Authority


Israel Electric Company


Teva Pharmaceuticals


Tel Aviv Municipality


JTLV Investments Fund


Ampa Group


Rami Shbiro Group


Abou Yehiel Group


Ramat Gan Municipality


Africa Israel


Migdal Group – Insurance and Finance


Work highlights


  • Represented the National Union of Israeli Students in the sale of two-thirds of its holdings in the travel agency Issta to Sphera Fund, The Phoenix Insurance Company, and More Investment House.
  • Successfully represented Shikun & Binui in an appeal before the Supreme Court against a ruling by the ITA concerning the taxation of development costs as part of the purchase price of land.
  • Successfully represented Amdocs in an appeal before the District Court against a tax assessment.

Shibolet & Co.

Shibolet & Co.‘s tax group handles a significant volume of cross-border work, with growing activity covering multi-jurisdictional issues for Asia and US-based hi-tech clients. Other key areas of experience include tax planning, transactional support issues and VAT. Practice head Miri Bickel has a strong record in international tax planning and transactions, while on the contentious side she is noted for her experience in both civil and criminal tax disputes. The newly promoted Ibrahim Atrash is also recommended.

Practice head(s):

Miri Bickel


Other key lawyers:

Doron Mutai; Vered Meller; Ibrahim Atrash


Testimonials

‘The availability and professionalism demonstrated by Ibrahim Atrash was excellent.’

Key clients

Apollo Capital Management L.P


AdaSwap


Radiflow


Zecops Inc.


Cocoon Data Holdings Pty Ltd.


Dot Compliance Ltd.


MADDEN ASIA HOLDING LIMITED


ED&F Man Holdings Limited


Conti Federal Services


Boston Conulting Group (BCG)


Gama Management & Clearing Ltd


Lili Financial Services


Hub Data Security Ltd


IMAGENE AI LTD


Exceed. AI Ltd.


Bancor  (Protocol Fundation)


LiquidApps Ltd.


Camtek Ltd.


Ping Identity


Vonage Holdings Corp.


Compugen Ltd.


Medasense Biometrics Ltd.


Ernst & Young (EY)


Highcon Systems


Pitango Venture Capital


Viola


Finova Capital Fund


Quata Services Inc.


Gamefly Inc.


Trendlines Incubators Israel Ltd.


Rail Vision Ltd.


VATBox


PCB Technologies


Malca Amit Ltd.


Poalim Capital Market


NICE Systems


Fahn Kanne – Grant Thornton


Shtainmetz Aminoach & Co


Aztek Holding


Lear Corporation


Ultra Information Solutions


Colu


Flipkart


Volkswagen


The Trendlines Group Ltd.


Siemens Group


Priortech Ltd.


Augwind


Deep Analytics


Aspectiva


Silocon Valley Bank


Fuse Networks Ltd.


Elbit Systems Ltd


Ceragon


Lion Investment Partners –


Centure Applications Ltd.


Certora Ltd


Lili App, Inc.


Skoda


TechStar


Silicon Valle Bank


NICE Ltd


Technion Research and Development Foundation Ltd.


Technion Investment Opportunities Fund


3Dsignal


Cymulate


Work highlights


  • Represented LiquidApps before the Israeli tax authorities in seeking recognition as a preferred technological enterprise under the Capital Investment Encouragement Law.
  • Represented Camtek in raising $68.4m on Nasdaq in a follow-on public share offering.
  • Advised Bancor on various tax matters.

Ziv Sharon & Co. Law Office

Creative, innovative, confident and experienced’, boutique firm Ziv Sharon & Co. Law Office enjoys a robust reputation for its broad tax offering. Advising individuals and companies on a range of tax planning, transactional tax matters, and contentious cases, the group advises on matters involving entities from all of Israel’s key economic sectors. Veteran tax specialist Ziv Sharon, widely lauded as a ‘true tax expert with very deep knowledge’, steers the practice.

Practice head(s):

Ziv Sharon


Other key lawyers:

Orit Koch; Amit Glick


Testimonials

‘Ziv Sharon is a veteran attorney with knowledge and experience. Among the best that we have in the area of tax.’

‘Ziv Sharon is a true tax expert with very deep knowledge and understanding of the tax laws and the way they interact in the business and economic environment. A great team providing excellent results and a valid source of creative solutions.’

Ziv Sharon is an expert in tax law. We have been truly impressed, and supported, by his broad perception and creativity, and his ability to pay full attention to every single detail to create innovative arguments.’

Key clients

Mr. Shlomo Nehama, former Chairperson of Bank Hapoalim


White City Buildings


Compilation of Urban Renewal Projects


Rabbi Eifargan


Azrieli Group


Egged Israel Transport Cooperative Society Ltd.


Work highlights


  • Represented a group of 500 companies in a class action certification motion concerning VAT overcharges in tender bids published by the ILA.
  • Successfully represented two private individuals against the ITA in a case concerning land appreciation tax.
  • Represented White City Buildings in the NIS420m sale of 25% of its share capital to The Phoenix Insurance Group.