Pearl Cohen Zedek Latzer Baratz

Henriette Fuchs of Pearl Cohen Zedek Latzer Baratz highlights increasing challenges in relation to intergroup intangible asset transactions in light of recent and progressing case law.

The stake of foreign investment in the Israeli high-tech industry reached 77% of total capital raised in 2018, and 30 new venture funds were born in 2018, raising a record $2.6 billion compared to ‘only’ $1.6 billion in 2017.

Israel's Finance Ministry and tax authority announced in the last week of April that they intend to introduce a digital sales tax (DST) that may reap some $280 million for the treasury. The tax authorities will be working on a tax on the local sales turnover of foreign digital companies in Israel.