Client update – Hi-tech and startups department
Last week, the Israel Tax Authority published updated guidelines regarding the potential tax implications of investing in a company through SAFE (Simple Agreement for Future Equity). These guidelines follow the previous directives issued in May 2023 on the same subject.
In light of the Tax Authority’s revised position and the parameters set in this decision, our firm’s Hi-Tech, Venture Capital, and Investment Funds Department has prepared the following client update:
Last week, the Israel Tax Authority published updated guidelines regarding the potential tax implications of investing in a company through SAFE (Simple Agreement for Future Equity). These guidelines follow the previous directives issued in May 2023 on the same subject.
In light of the Tax Authority’s revised position and the parameters set in this decision, our firm’s Hi-Tech, Venture Capital, and Investment Funds Department has prepared the following client update:
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Harel and Amitim have acquired a 44% stake in Sunlight’s energy projects partnership
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The public share issuance process of the Ashtrom Group has been completed, raising approximately 600 million NIS
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The position of the Gush Katif evacuees regarding the cancellation of the establishment of a logistics center near their homes has been accepted
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The Psagot Group is acquiring 100% of the shares of R.G.A Cleaning Services and the financing activities of its subsidiary, Rogon Assets
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13.01.2025
The state fails to make services accessible to populations that avoid using digital platforms
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