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Value Added Tax (VAT)

Herzog Fox & Neeman's Value-Added Tax Department affords its clients extensive knowledge and experience in all aspects of VAT.

VAT issues are liable to significantly complicate transactions involving foreign residents with regard to the nature of payments and the tax implications of non-profit organisations and financial institutions.

In this regard, the firm advises its clients, which include foreign residents, foreign companies, local industry, financial institutions, and Real-Estate entrepreneurs, in the planning and execution of their transactions.

The department is led by experts in the field of VAT, with vast experience in advising venture capital, private investment funds, and holding companies.  The department also works closely with Real Estate experts to provide ongoing advice on all aspects of VAT.

The VAT department oversees the following:

  • Deduction of input VAT, reporting of deals, classification of deal liability for VAT
  • Advising the client in filing an objection to an assessment and court appeal
  • Advising financial institutions and non-profit organisations
    VAT aspects of Real Estate transactions
  • Rate of VAT for foreign residents
  • VAT aspects applicable to international organisations including those in the digital economy
  • VAT on imported services and intangible assets

Value Added Tax (VAT) News & Insights

31 December 2023 - Client Updates

Our team is looking forward to 2024, and we are confident that our new partners, the majority of whom are

We are happy to introduce our new partners

6 December 2023 - News

We are delighted to announce that in this year’s BDICode ranking, we are ranked in the top-tier in no less

Herzog is ranked by BDi Code as the top tier in 38 practice areas for 2023

19 April 2023 - Client Updates

Dear friends and clients, Further to our client update from February 26, 2023, we would like to bring to your

Foreign Residents’ B2C VAT Liability with respect to Importation of Digital Services to Israel – Removed from the 2023-2024 Budget Legislation

1 February 2023 - Client Updates

Dear friends and colleagues, The Supreme Court rejected the state’s appeal and fully adopted the judgment of the Honorable Judge

Indirect Inputs Related to a “Meal” do not constitute Employee Benefits and are Deductible

10 January 2023 - Client Updates

Dear clients and colleagues, The year 2022 brought with it many changes in the fields of import and customs. Further

Summary of a year in the fields of import legality and new positions requiring customs reporting

2 January 2023 - Client Updates

Dear Friends and Colleagues, We would like to bring to your attention the latest updates published by the Israeli Tax

The Introduction of a New Customs Export System and the Extension of the Validity of Temporary Orders regarding Customs Duties Reductions

22 December 2022 - Client Updates

Happy Holidays! Wishing you and your loved ones health and happiness in the new year. May 2023 be an extraordinary

Happy Holidays !

13 February 2022 - Client Updates

New VAT Ruling of the Districts Court – Recognizing that Credit Notices may be Issued for “Bad Debt” Even if

New VAT Ruling of the Districts Court – Recognizing that Credit Notices may be Issued for “Bad Debt”

16 January 2022 - News

Congratulations to Ariston Group and Kibbutz Sha’ar Ha’amakim on the recent completion of Ariston Holding’s acquisition of Chromagen LTD! Ariston

Congratulations to Ariston Group and Kibbutz Sha’ar Ha’amakim on the recent completion of Ariston Holding’s acquisition of Chromagen

21 November 2021 - Client Updates

Dear friends and colleagues, Further to our client update from September 14, 2021 about the solvents reform (read here), we

Israeli Tax Authority’s Reform on Solvents and Lubricating Oils

19 September 2021 - Client Updates

Dear friends and colleagues, We wanted to bring to your attention a series of draft orders and regulations relating to

Broad Reforms concerning Fuel Taxation and Recognizing Fuel Expenditures

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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)

Iris Weinberger

Partner

Indirect Taxes, Customs & International Trade, Tax, Value Added Tax (VAT)

Dvora Haimov

Associate

Indirect Taxes, Customs & International Trade, Tax, Value Added Tax (VAT)

Mordechai (Moti) Fogel

Partner

Indirect Taxes, Customs & International Trade, Tax, Value Added Tax (VAT)

Rotem Dahan

Associate

Indirect Taxes, Customs & International Trade, Tax, Value Added Tax (VAT)

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