We are pleased to announce that the TASE is to allow global-traded funds to be listed.

It is not uncommon for Israeli incorporated companies to seek investments abroad. In many cases, such investments are done through public offerings on international stock exchanges.

New Israeli Income Tax Regulations, which were officially published on 6 February 2019, implement the Common Standard on Reporting and Due Diligence for Financial Account Information, which was developed by the OECD.

The efforts made by the Israeli Tax Authorities (ITA) to combat unreported overseas accounts held by Israelis are beginning to yield results.

On 21 August 2014 a new tax treaty between Israel and Germany was signed. The new treaty, which is based mainly on the model tax treaty of the OECD, introduces a number of favorable amendments...

Prohibition of Money Laundering Order (Identification, Reporting and Record-Keeping Requirements of Financial Services Providers to Prevent Money Laundering and Terror Financing) (Amendment), 5778-2018

The Court held that it may be possible to transfer the management of the derivative suit from the derivative plaintiff to the company for matters related to negotiations and settlement of a derivative suit ...

The value of the total assets managed by the foreign fund manager must be at least USD 20 billion.

The Supreme Court has ruled that an investment fund's articles rather than its investor marketing presentation or fact-sheet delineate management's authority regarding Fund investment strategies.

To that end, the committee has recommended, amongst others, certain tax benefits and restrictions as outlined below.

The tools for startup financing develop over the years.

The irresistible ease of raising money from institutional investors in Israel (similar to QUIBS in the US), by issuing unsecured bonds with a very low interest rate, has generated a massive level of debt and a long list of Israeli firms that cannot make repayments.

While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions ...

The Israeli Banking Supervision Department has announced that it will allow banks to use cloud computing technologies without having to obtain a special regulatory permission, as they were required to until this announcement.

So you are looking to scale up your business and need to come up with additional cash, but you aren't eager to sell more of your company to investors.

We are preparing a series of periodic short articles providing an overview of various aspects relating to the venture lending and private credit industry in Israel, as it relates specifically to funding Israeli related technology companies.

Israel's two largest banks, Bank Leumi and Bank Hapoalim, are now officially compelled to divest their credit card businesses - Leumi Card and Isracard – and the engines are warming up on these sales.

In this latest scam, an email claiming to come for the IRS requests personal and financial information for tax exemption purposes.

The ITA's position is not obvious and presents legal difficulties.

Last week, the Central District Court issued a Civil Appeal rejecting a Veteran Returning Resident's argument regarding the allocation of Israeli and foreign source income deriving from his compensation by a foreign company.