Israel: law on non-profit organisations amended – more power to the registrar

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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 […]

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Canada: Cannabis brand launch checklist

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Where we are now with e-conveyancing and electronic mortgage deeds?

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Cooley wins Amazon UK from Edwards Wildman following London launch

Cooley has replaced Edwards Wildman as Amazon’s primary trademark and competition panel firm in Europe following the latter’s merger with Locke Lord. Former Edwards Wildman partners Becket McGrath and Nicholas Bolter took the client across to Cooley when the US firm opened in London in January (9 January 2015). Bolter initially advised Amazon on trademark […]

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This week’s top 15 legal briefings – 29 March 2015

Many of this week’s briefings focused on George Osborne’s pre-election Budget. While the general consensus in the wider world was that it was a ‘boring’ Budget designed not to upset anyone prior to polling day in May, there were of course a number of announcements that have significant implications. Addleshaw Goddard looked at the potential […]

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