Israel – with a population of 9 million – has reported 99,599 coronavirus cases and 795 deaths. Businesses have been reopening subject to health regulations and policies, schools and universities are planned to open under restrictions after the summer vacation, and culture events will reopen soon. Yet, the second wave consequences and rapid increase of reported […]
Foreward by Andrew Chilvers For companies and individuals looking to move into new jurisdictions for business opportunities, setting up a bank account is a crucial part of the process. But this is never as straightforward as it seems. In all countries, banks are obliged to crack down on fraud and any potential financial scullduggery. As […]
Foreward by Andrew Chilvers For companies and individuals looking to move into new jurisdictions for business opportunities, setting up a bank account is a crucial part of the process. But this is never as straightforward as it seems. In all countries, banks are obliged to crack down on fraud and any potential financial scullduggery. As […]
Dealing with the epidemic in the normal rules will lead to a major economic collapse. Forget what you knew – it wasn’t. A tsunami of legal proceedings that are excited about the legal system is already underway. Tenant who did not pay towards the landlord. Borrower who did not pay in front of the bank. Manufacturer that did […]
QUESTION ONE – When representing a client with significant business activities in foreign jurisdictions, what are some key risk-related concerns that arise in a cross-border context and how can a parent company minimise such risk? For foreign corporations engaging in business in the US, one of the key concerns is the exposure of the parent […]
17 Years Later, NDA’s Still Pose Great Negotiating Challenges. Companies make significant investments in personnel and technology. In the fast-moving world of business, each day may bring your company a new invention, a new product or process, new know-how, a new trade secret, and other new proprietary developments from such investments. To read the full […]
In the aftermath of the onerous implementation requirements of the GDPR for companies doing business in the European Union, many global businesses are rightfully concerned about the potential costs of compliance, business interruption, and risks related to The California Consumer Privacy Act of 2018 (the “CCPA”), which officially went into effect on January 1, 2020. See Cal. […]
Today’s world is defined as a “global village,” which requires our firm to adapt to today’s global economic reality. Accordingly, our offices provide consulting services to companies and individuals, for the purpose of building payroll systems for employers from Israel who have employees travelling abroad and employees arriving to Israel. We assist in identifying company and […]
First of all, Israelis who are American citizens or residents must report all their income to America, even if they don’t live there. Some Israelis forget this and do not file an American tax return while they live and work here in Eretz Yisrael. A good example is the American citizen living and working in […]
Introduction The American tax law states that American citizens and American residents who leave inheritances require an estate tax return to be filed if the amount they leave reaches over a certain threshold when they bequeath to an heir. (The exact amount of this threshold changes year to year and so should be checked with […]
In America, not for profit organizations usually have tax & financial reporting responsibilities. Sometimes a Yisraeli nonprofit will open an American company to give American donors the chance to take tax deductions for their contributions to the Yisraeli entity. The 501 (c) (3) application is something Weinstein & Company can help you prepare and submit. Obtaining […]
Clients who live here in Eretz Yisrael and have American reporting responsibilities include American citizens, permanent residents who have an American resident visa or green card, and people who live in America for at least 183 days in a given year even if they are on a temporary visa. If you fit into one […]