Tax
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
What issues should be addressed while considering setting up or relocating a start-up or IT business? Please join our managing
Tax Benefits for IT Business and Startups – The Baltics, Belarus and Israel
Dear colleagues and clients, Section 30(a)(5) of the Value Added Tax Law, 1975 (hereinafter: the “VAT Law”) stipulates that the
Zero-rate VAT with respect to the provisions of services
As you know, Israel continues its efforts to deal with the Corona Virus and contain it, to avoid its spreading
Handling the Corona Virus- Live Updates
Customs News – Director Instruction No. 2.7 regarding the distribution of quotas and entry into force of the amendment to
Client Update | Tax | Customs News
As of January 2018, the Israeli Tax Authority (hereinafter: “the ITA”) has replaced the Custom Administration’s foreign trade system with
Client Update | Importer’s Obligation to Complete an Electronic Affidavit for Each Supplier: Significance and Implications
Recently, a District Court judgement relating to the issue of the deduction of input tax by a holding company was
Client Update | Deduction of Input Tax by Holding Company
We are delighted to have been crowned the Largest Israeli Law Firm by Dun’s 100, for the fourth consecutive year.
Herzog Fox & Neeman Recognised as Israel’s Largest Law Firm by Dun’s 100
Dear Clients, Colleagues and Friends, On March 14, 2018, the Israel Tax Authority (the “ITA”) issued two circulars (9/2018 –
New ITA Circulars Dealing with the Taxation of Private Equity and VC Funds, their Investors and Fund Managers
Herzog Fox & Neeman’s tax partners, Meir Linzen and Guy Katz, co-authored the Israel Law and Practice chapter, providing easily
Chambers Tax Guide 2018 | Law & Practice Chapter by Meir Linzen and Guy Katz
“The Israeli Tax Authority (the “Authority”) recently published a draft proposal regarding positions that must be reported, including indirect taxes
Class Action on Indirect Taxes – State Exposed and Cornered | Opinion by Iris Weinberger
Further to our client update from the 5th of March 2017 regarding the submission of a special report in the event
Client Update | Tax Positions Reporting Obligations – Update
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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