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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