Related briefings

Israel: Amendments to pension insurance allocation rules

After about a year of uncertainty about the pension insurance allocation ratios, the matter has now been resolved. A collective agreement has been signed between the Presidium of Israeli Business Organisations and the Histadrut Federation of Labour, which regulates the increase in the ratios of both the employee’s contribution and the employer’s contribution to the pension component in […]

Israel: Amendment of the Income Tax Ordinance

An amendment to the Income Tax Ordinance that was recently enacted obligates financial institutions to identify the residency and citizenship of their foreign account holders. The financial institutions are required to report the information to the Israel Tax Authority, so that the ITA can then relay that information to the relevant foreign tax authority. Consequently, provisions of the […]

Reverse vesting and holdback – good news for entrepreneurs?

In the world of high tech and Israeli tax there has been some uncertainty as to whether entrepreneurs, whose shares are subject to a reverse vesting mechanism or a holdback upon their sale, should be paying income or capital gains tax. Earlier this month the Israel Tax Authority published a draft circular presenting its position […]

Israel: reverse vesting and holdback – good news for entrepreneurs?

Originally printed in The Times of Israel BY ARIELLA DREYFUSS “In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin strikes again. However, in the world of high tech and Israeli tax there has been some uncertainty as to whether entrepreneurs, whose shares are subject to a reverse vesting mechanism […]

Israel: foreign construction companies get green light

In March 2016 the government adopted the housing cabinet’s recommendations regarding criteria for allowing foreign construction companies to begin operating in Israel. This move is one of the government’s strategies for increasing the volume of residential construction in Israel. The government decided, inter alia, to publish a federal RFP (request for proposal), containing the threshold requirements […]

Latest Briefings

Who should pay for fire safety building remediation costs?

In December 2020, we reported on the vote by the House of Lords on amendments to the Fire Safety Bill relating to the remediation costs associated with the replacement of the dangerous cladding panels and other fire safety defects. Both the Fire Safety Bill and the Building Safety Bill are anticipated to come into effect early this year.

‘Diversity is a given, Inclusion is a choice’ – actionable ideas

In our 3rd blog in the series, ‘Diversity is given, Inclusion is a choice’, Annelieke Jense and Frouke Horstmann provide practical ways based on their experience working with clients on how organisations can create a true inclusive culture by installing processes that mitigate unconscious biases.

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New fraud law proposals should be welcomed

Proposals for a new offence of failure to prevent economic fraud will be a catalyst for a debate which has been a long time coming. The proposals, announced last month at the Cambridge International Symposium on Economic Crime, represent a potential seismic shift in the application of criminal law to corporations and white collar workers. Corporate prosecutions […]

Orrick jumps on African bandwagon with Ivory Coast opening

Orrick Herrington & Sutcliffe has joined the flood of firms moving into Africa – but rather than go for South Africa or develop a pan-Africa network, the firm has opened an affiliated officein Ivory Coast under the name Orrick RCI. The firm also took on Heenan Paris’ former head of banking and finance Jean-Jacques Essombé […]

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Nabarro signs up Lefèvre Pelletier as new French ally

Nabarro has formed a new French alliance with Lefèvre Pelletier & Associés seven months after breaking up with former alliance partner August & Debouzy. The new firm leaves the alliance with a total of 980 lawyers across 31 offices, made up of Nabarro in the UK, GSK Stockmann & Kollegen in Germany, Nunziante Magrone in […]

Collyer Bristow set to provide training sessions on employment law

Collyer Bristow is offering employment law training sessions on conducting disciplinary and grievance procedures and equal opportunities and discrimination issues. The conducting disciplinary and grievance procedures course is intended to support both existing HR staff and management in dealing with disciplinary, grievance and appeal procedures. Using an interactive presentation and case study format, the firm will demonstrate […]

Moore Blatch teams up with charity for first social enterprise ABS

Southampton-headquartered Moore Blatch has joined forces with spinal injury charity Aspire to create Aspire Law, an ABS specialising in spinal cord injuries, which will launch on 3 November. Moore Blatch will deduct its running costs from the fees generated and the net profit will then be split equally between Moore Blatch and Aspire. Aspire plans […]

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