News & Analysis as of

Israel

Ius Laboris

Israeli Court Rules on Cameras in the Workplace

Ius Laboris on

Security cameras have become commonplace in workplaces, raising concerns about potential privacy violations for employees. The increasingly widespread use of camera surveillance raises several important legal questions,...more

Barnea Jaffa Lande & Co.

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

Bank Hapoalim and Israel Discount Bank will each pay the State Treasury ILS 40 million within the framework of an administrative settlement (“agreed order”), in respect of their acquisitions of minority stakes in a competitor...more

Barnea Jaffa Lande & Co.

Comprehensive comparison between closed-end funds and open-end funds

Investment funds have a variety of legal structures customized to investors’ various needs and investment policies. The two main fund structures are closed-end funds and open-end funds, which differ in several material...more

Barnea Jaffa Lande & Co.

Significant tax benefits for owners of long-term rental buildings

Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage the construction of buildings that include residential apartments earmarked for...more

Barnea Jaffa Lande & Co.

Internal Enforcement and Compliance Surveys: Essential for Organizations in Israel

In an era of stringent regulations and increasing legal risks, it has become essential for organizations to implement internal enforcement programs. However, in order for such programs to provide legal protection, they must...more

Barnea Jaffa Lande & Co.

New extension order signed in Israel improves wage terms and benefits in the construction sector

A new extension order signed in March 2025 applies to employees in the construction, infrastructure, heavy equipment, public works, civil engineering and renovation sectors and came into effect on April 1....more

DLA Piper

Top Ten State Tax Considerations for Israeli Companies Operating in the US

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Although Israeli companies operating in the US often focus on federal tax concerns, US state and local taxes (SALT) have the potential to significantly increase tax liabilities. For example, if a company does not collect...more

Barnea Jaffa Lande & Co.

Drug registration reform in Israel: processes are being streamlined and timeframes shortened to increase supply and lower prices

We are living in an era of revolutionary medical innovation, particularly in the research and development of medicinal products. Diseases that were once considered incurable, are now treated with drugs, vaccines and...more

Barnea Jaffa Lande & Co.

United States imposes customs tariffs on imports of Israeli products

On April 2, 2025, the President of the United States signed an Executive Order announcing the imposition of very extensive customs tariffs on products being imported into the United States. Following is a quick analysis of...more

Barnea Jaffa Lande & Co.

Israel raises the minimum wage: practical information for employers

The minimum wage in Israel is rising by 6.25% to ILS 6,247.67 per month as of April 1, 2025 (compared to ILS 5,880 last year). The minimum wage for hourly workers is increasing to ILS 34.32, compared to ILS 32.30 prior to the...more

Barnea Jaffa Lande & Co.

Israeli Labor Court: Employers May Be Entitled to Demand Medical Exams by Their Appointed Physician

The Regional Labor Court recently ruled that the time has come to entitle employers, under special circumstances, to demand that employees undergo medical examination by a physician on the employer’s behalf, even after an HMO...more

Barnea Jaffa Lande & Co.

Innovation in Uniform: The Rise of Israel’s Defense-Tech Sector

The various wars that have taken place around the world in recent years, including the Russia-Ukraine war and the Swords of Iron War, have placed the DefenseTech sector in the spotlight. Amid changes in global security...more

Barnea Jaffa Lande & Co.

The Bank of Israel released a preliminary Digital Shekel design for public comment – a real opportunity for competition and...

Last week, the Bank of Israel published a preliminary design of the central bank’s Digital Shekel system. In a detailed document, holding more than 100 pages, the Bank of Israel presents guiding principles and a work plan for...more

Barnea Jaffa Lande & Co.

Trump’s Order May Refocus FCPA Enforcement on Foreign Competitors

President Trump’s recent Executive Order (EO), which seeks to reduce enforcement of the anti-bribery and anti-corruption provisions of the Foreign Corrupt Practices Act (“FCPA”), may be perceived as a declaration of an...more

Barnea Jaffa Lande & Co.

Israeli tax reform in relation to "closely held companies"

At the end of 2024, the Knesset enacted significant legislative updates within the framework of the Arrangements Law that completely revamp how “closely held companies” are taxed in Israel. Section 76 of the Income Tax...more

Barnea Jaffa Lande & Co.

Revolution in Electronic Promissory Notes – Court Recognizes Digital Notes

A precedent-setting ruling has been issued in the case of Bizi Finance Ltd., in which the court was required to determine whether a promissory note signed electronically could be enforced through the enforcement and...more

Barnea Jaffa Lande & Co.

Significant Shift in the Israeli Privacy Protection Authority’s Definition of Consent

The Israeli Privacy Protection Authority (PPA) has issued a new statement introducing a significant change in the interpretation of the law and in the required methods for obtaining consent to the collection and processing of...more

Barnea Jaffa Lande & Co.

Israel Steps Up Enforcement on Retail Price Marking Violations

The Ministry of the Economy’s wide-scale enforcement campaign launched last weekend in branches of supermarket chains throughout the country, found violations of the obligation to mark prices in all of the branches that were...more

Barnea Jaffa Lande & Co.

Israel Tax Authority updates its guidelines on investments through SAFEs

The Israel Tax Authority (ITA) recently published updated guidelines, regarding tax aspects applying to investments in companies through SAFEs. Such guidelines were published following the previous guidelines published by the...more

Barnea Jaffa Lande & Co.

Indictment in Israel for Attempted Price Coordination via Media and Food Law Violations

On February 19, 2025, the Competition Authority filed an indictment against leading retail chains, including Victory and Yochananof, and against some of their senior officers. ...more

Dorsey & Whitney LLP

Attorney General Bondi Reorients National Security Enforcement Resources to Focus on Illegal Immigration and Drug Trafficking

Dorsey & Whitney LLP on

Upon being sworn in on February 5, 2025, Attorney General Pamela Bondi immediately issued memoranda reorienting national security enforcement resources of the U.S. Department of Justice (“DOJ”) to focus on addressing illegal...more

Flaster Greenberg PC

Energy Cooperation Connects Israel with Islamic Nation

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During a week when starved Israeli hostages, resembling Holocaust survivors, were finally returned by Hamas in a macabre ceremony, few people focused on a story involving natural gas. However, in the long term, this could...more

Flaster Greenberg PC

With Hezbollah Battered, Natural Gas Gives Lebanon A Chance

Flaster Greenberg PC on

The election of General Joseph Aoun as president of Lebanon ended a two-year stalemate in which the position was vacant, and Lebanon basically had no government at all. The cause of the stalemate was obvious. Hezbollah, the...more

Barnea Jaffa Lande & Co.

Recognition of Undocumented Construction Costs for Capital Gains Tax in Israel

The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular  with the goal of minimizing disputes with sellers of residential apartments. The addendum contains procedures addressing instances when...more

Barnea Jaffa Lande & Co.

Ten Q&A About Investment Management and Consulting Without a License

Recently, several cases of unlicensed investment management and consulting have made headlines. These include an instance where an administrative fine of NIS 130,000 was imposed for unlicensed investment management, and...more

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