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Tax / Employee Tax Benefits

Employee tax benefits, when properly planned and implemented, are a key tool for retaining quality senior employees and improving a company’s performance.

Our team provides comprehensive counsel on a wide range of issues relating to remuneration, incentives, and employee and executive retention. Clients include early-stage startups, private companies, public companies traded in Israel and abroad, employees, executives, employers, and boards of directors.

 

Our Tax Department works closely with our Commercial, Capital Markets, and Employment Departments to formulate creative solutions that ensure congruence between a company’s targets and its remuneration mechanisms. Our services include formulation and preparation of 102 stock options on a regular basis or as part of a merger or acquisition transaction. We also advise on restructuring, equity incentives, share-based plans, preliminary approvals from the Israel Tax Authority, phantom option agreements and grants, golden parachute arrangements, employee remuneration, and more.

 

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News and updates - Tax / Employee Tax Benefits:


March 5, 2020

Court Rules an Employee whose Shares in a Company Are Held by a 102 Trustee Has No Shareholder Rights in the Company

The Haifa District Court recently held, in a precedential decision, that an employee who received shares in a company held by a trustee in accordance with section 102 of the Income Tax Ordinance has no shareholder rights.

July 17, 2019

Precedential Court Ruling on Options Plans for Employees

A precedential judgment was handed down on option plans for employees in respect of section 102 of the Income Tax Ordinance. The court ruled that when a tax assessor is notified of the allocation of options in accordance with section 102 and fails to respond within 90 days, the plan is approved and the assessor cannot later claim that this is not so, except in very exceptional cases.

December 19, 2018

ITA Sharpens Procedures in Wake of New Tax Circular

Adv. Micky Barnea was featured in a follow-up article in Globes about the Income Tax Authority's new circular that changes the tax policy relating to capital-based compensation dependent on performance. According to Barnea, "The new circular stipulates that options allocated under an approved plan, submitted lawfully to the Tax Authority, may be discovered on judgment day as not being entitled to reduced capital taxation."

Tax / Employee Tax Benefits

Employee tax benefits, when properly planned and implemented, are a key tool for retaining quality senior employees and improving a company’s performance.

Our team provides comprehensive counsel on a wide range of issues relating to remuneration, incentives, and employee and executive retention. Clients include early-stage startups, private companies, public companies traded in Israel and abroad, employees, executives, employers, and boards of directors.

 

Our Tax Department works closely with our Commercial, Capital Markets, and Employment Departments to formulate creative solutions that ensure congruence between a company’s targets and its remuneration mechanisms. Our services include formulation and preparation of 102 stock options on a regular basis or as part of a merger or acquisition transaction. We also advise on restructuring, equity incentives, share-based plans, preliminary approvals from the Israel Tax Authority, phantom option agreements and grants, golden parachute arrangements, employee remuneration, and more.

 

Back to Tax

News and updates - Tax:


March 5, 2020

Court Rules an Employee whose Shares in a Company Are Held by a 102 Trustee Has No Shareholder Rights in the Company

The Haifa District Court recently held, in a precedential decision, that an employee who received shares in a company held by a trustee in accordance with section 102 of the Income Tax Ordinance has no shareholder rights.

July 17, 2019

Precedential Court Ruling on Options Plans for Employees

A precedential judgment was handed down on option plans for employees in respect of section 102 of the Income Tax Ordinance. The court ruled that when a tax assessor is notified of the allocation of options in accordance with section 102 and fails to respond within 90 days, the plan is approved and the assessor cannot later claim that this is not so, except in very exceptional cases.

December 19, 2018

ITA Sharpens Procedures in Wake of New Tax Circular

Adv. Micky Barnea was featured in a follow-up article in Globes about the Income Tax Authority's new circular that changes the tax policy relating to capital-based compensation dependent on performance. According to Barnea, "The new circular stipulates that options allocated under an approved plan, submitted lawfully to the Tax Authority, may be discovered on judgment day as not being entitled to reduced capital taxation."

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