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

Five myths about marriage and divorce

January typically sees a spike in divorce enquiries for many solicitors – and 2021 is expected to be no different, with the additional stresses and strains COVID-19 has placed on couples and families.

Shall we be exclusive?

The government is currently seeking views on a very specific proposal to ban the use of exclusivity clauses in contracts where the workers’ guaranteed weekly income is less than the Lower Earnings Limit, currently £120 per week.

Redundancies during COVID-19: Coronavirus job retention scheme extension provides some relief

In comparison to the US, there is a stricter redundancy process in the UK. For UK businesses faced with the prospect of making 20 or more staff redundant, there is an obligation to undertake a collective consultation process, which should consider ways to avoid or reduce the number of employees to be made redundant and mitigate the consequences of the redundancies.

The implications of Maughan: the Chief Coroner’s Law Sheet #6

The new Chief Coroner, HHJ Teague QC, has just published his first legal guidance in the form of “Law Sheet 6” addressing the impact of the case of R (on the application of Maughan) v Her Majesty’s Senior Coroner for Oxfordshire [2020] UKSC 46 on coronial practice.

Recommended

Moves: 7 March 2016

Taylor Wessing has hired Bird & Bird partner Angus Miln to its corporate technology team in London. Miln was at his former firm for over nine years and founded and led its venture capital practice. Prior to this, he was a solicitor at US firm Latham & Watkins.

Day of reckoning looms for UK firms

For those with long memories there might seem to be nothing new in this week’s feature about the rise of the accountants. True, this time the tone of PwC, EY and KPMG suggests a more measured, less potentially hubristic story. But don’t be fooled. There is no lack of ambition. Look at the numbers. The […]

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Associate conundrums: How to work the room

Is it enough to simply be a good lawyer and to service clients properly and efficiently when it comes to business development? Undoubtedly providing expert advice and delivering a first class service is critical but is this alone going to develop more business? On its own possibly, but only with an existing and loyal client. […]

Shoosmiths appoints industry leader in recoveries services to drive growth plan

Shoosmiths is building upon its successful Recoveries Services Group (RSG) with the appointment of consultant, Stephen Allinson, who will support the firm in its strategy to become the leading recoveries litigation operation in the UK. Stephen will be responsible for continuing the growth of recoveries services for corporate and business clients including the set up and […]

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