Tax
Transfer Pricing
Our transfer pricing team offers Israel’s most comprehensive guidance on international transfer pricing, helping our clients to avoid costly audit, disputes and penalties. The team’s outstanding command of both Israeli and global requirements has resulted in an unmatched acceptance rate of their transfer pricing reports by both Israeli and worldwide tax authorities. Herzog Fox & Neeman is the only law firm in Israel that provides full transfer pricing services; the fact that under Israeli law our clients' matters are privileged and confidential, serves as an additional advantage of planning your international structure together with us.
Matching the continuously growing globalisation of Israeli companies and the increasing amount of foreign companies setting activities in Israel, our transfer pricing practice provides coherent transfer pricing solutions, responsive to the rapidly-changing markets in which multinational enterprises ("MNE") operate. Our transfer pricing team is experienced in complex and sophisticated matters of international tax and transfer pricing, and assists our clients in establishing their operations in Israel and abroad, as well as in documenting and protecting their intercompany transactions. When needed, our team also represents our clients in front of the tax authorities and in court.
Our practice is experienced with APAs and MAPs, and provides the full range of services to its clients, focusing on the legal, economic, and business related aspects of the client's tax structure and supply chain, employing innovative solutions. We represent our clients in both inbound and outbound transactions, in restructuring, audits, and of course the preparation of the required documentation in accordance with the changing regulatory environment, including the implementation of FAR, DEMPE and Value Chain Analysis. Each Master File, Local File, intercompany agreement and transfer pricing study we conduct, is given the full attention of the practice leader, attorney and economist Eyal Bar-Zvi.
Eyal often participates in discussions with and consults the Israeli Tax Authorities on transfer pricing circulars and the adequate interpretation and implementation of the OECD and other international transfer pricing regulations, shaping the future of transfer pricing regulations in Israel. Eyal serves as an adjunct professor and frequently lectures to the Israeli CPA Association on transfer pricing related matters.
Our services include:
- Transfer pricing planning
- Master File, Local File, and transfer pricing studies
- Intercompany agreements
- Transfer pricing policies (SOP)
- Advance pricing agreements (APA)
- Mutual agreement procedures (MAP)
- Transfer pricing implementation
- Intercompany finance
- DEMPE and profit split analyses
- Transfer pricing M&A Due Diligence
Transfer Pricing News & Insights
Following on from our recent update, on 4 April 2022, our firm participated in the next stage of discussions, on
Legislation Updates: TP Study Requirements, Master File and CbCR
On 9 March 2022, our firm participated on behalf of the Israeli Bar in a discussion held in the Finance Committee of
Israeli Parliament Discusses Master File and CbCR implementation
Dear Clients and Friends, In a recent conference attended by high ranking officials of the Israel Tax Authority (ITA), the
The Israel Tax Authority to Advance Profit Split over Cost Plus for R&D Centers
Our client, the Austrian logistics experts Knapp, is building for Shufersal, Israel’s largest supermarket chain, its new delivery system. Knapp
Our Client Knapp is Building a New Delivery System for Shufersal
Dear Clients, Colleagues and Friends, Yesterday, the Israel Tax Authority (“ITA”) published circular 1/2021 (the “Circular”) addressing the ITA’s views
Recharge Payments relating to International Stock-Based Compensation
Our client, the AI genomics company, NRGene, closed its Initial Public Offering on the Tel Aviv Stock Exchange this week
Our client NRGene closed its Initial Public Offering on the Tel Aviv Stock Exchange
We want to thank you all for tackling the challenges of 2020 with us and hope that in 2021 we
Have a Happy and Healthy New Year 2021
Can groups reduce the profit margins of their subsidiaries to zero? Can subsidiaries demonstrate losses? The unique economic conditions
New OECD Guidance on the Transfer Pricing Implications of the COVID-19 Pandemic
Dear Clients, Colleagues and Friends, Last week (1.11.2020), Judge Orit Weinstein of the Haifa District Court rendered its decision in
Dramatic Change in the Taxation of Share Redemptions – a New Israeli District Court Ruling
Dear Clients, Colleagues and Friends, Last week, the Jerusalem District Court rendered its decision in the Barazani case, which dealt
New Israeli District Court Ruling on Intercompany Financing (Capital Note, Intercompany Loan)
The Israeli Ministry of Finance and the Israeli Tax Authorities (“ITA”) published yesterday a draft amendment to the Israeli Tax
Client Update: Master File and CbCR in Israel, Implementation of BEPS Action 13
Meir Linzen
Chairman
Corporate Tax, Employee Tax Benefits, Gaming, Indirect Taxes, Customs & International Trade, International Tax Planning, Internet & E-commerce, Investment Funds & Private Equity, Private Clients, Trusts & Estates, Tax, Tax Controversy – Disputes & Litigation, Transfer Pricing, Value Added Tax (VAT)
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