Practice Areas
Our firm’s expertise, professional knowledge, and years of experience cover all aspects of tax law in Israel. We have decades of experience in consulting, guiding and representing clients – many of whom are among the most prominent companies and organizations in Israel – on various tax issues and in managing disputes with the Israel Tax Authority (ITA).
In this context, our firm specializes in tax consulting and planning transactions, providing guidance and consulting for reporting to the tax authorities, preparing legal tax opinions, and representing clients in proceedings before the ITA. This includes obtaining pre-rulings, handling objection proceedings and litigating cases in courts of various instances, including district courts and the Supreme Court.
As a leader in our field, our firm is committed to achieving the best results for our clients in developing creative, out-of-the-box solutions to challenging issues. The combination of professionalism and adherence to a code of excellence that has guided Shekel & Co. since its inception has positioned us as a premier tax law firm in Israel. Shekel & Co. is consistently ranked among the top-tier tax firms in Israel and worldwide.
Income tax
Our firm advises and guides clients, dealers and taxpayers, including leading companies in the Israeli economy as well as high net worth individuals, on all aspects of income tax related to their activity, from strategic and optimal planning of tax aspects before outlining the transaction to representing them in assessment proceedings and appeals before district courts and the Supreme Court.
In this context, the firm’s team prepares legal opinions, advises and assists on tax matters in agreements, creates tailored tax arrangements, handles pre-ruling proceedings and represents clients in these matters vis-à-vis the ITA in the various courts.
Corporate Tax
Our firm has extensive experience in guiding and representing leading corporations in the Israeli economy on all aspects of corporate tax liability. This includes in-depth planning and guidance on the tax implications related to our clients’ ongoing operations and complex transactions both domestically and internationally. Our expertise covers different sales transactions, aspects of financing, loss offsets, complex restructuring processes, and more. Our seasoned team has a successful track record in addressing conceptual issues as well as handling complex and unique cases.
Real Estate Taxation
Our firm has extensive experience in all aspects of real estate taxation. We are involved in all stages of real estate transactions, from providing precise tax planning for our clients, guiding and advising them on signing agreements, handling reports to the real-estate taxation authorities, preparing professional legal opinions and assisting in obtaining pre-rulings from the ITA.
When necessary, our firm represents and provides guidance to clients in assessment proceedings related to real estate tax issues, before real-estate taxation authorities, appeal committees, and the Supreme Court. Additionally, we handle all tax aspects involved in urban renewal projects, evacuation-reconstruction (pinui-binui) transactions, and TAMA 38 projects.
International Taxation
The firm’s team has a deep understanding and knowledge of international tax treaties and tax regimes of numerous countries. This expertise enables us to provide creative solutions when representing and advising multinational companies on complex tax planning for international transactions and projects. We advise Israeli residents on foreign investments and foreign residents on investments in Israel. Our services also include advice on issues related to the taxation of options, trusts of Israelis and nonresidents, residency and relocation issues, benefits for new immigrants, returning residents, and advance arrangements, among others.
In this context, our firm prepares complex opinions for clients, assists them in obtaining pre-rulings from the ITA, drafts agreements, and represents clients in assessment hearings and before the courts on international tax issues.
Value added tax (VAT)
The firm’s clients, which include leading entrepreneurs, importers, and prominent corporations, receive comprehensive, ongoing, and close support from the firm’s team on all aspects of VAT and indirect taxation.
Our firm has accumulated extensive experience in pre-planning various aspects related to VAT and other indirect taxes. We handle the process of obtaining pre-rulings, provide legal opinions, and represent clients in assessment hearings as well as in objection proceedings before various VAT offices and in VAT appeals in courts at all levels.
Tax Litigation
Our firm has gained extensive experience in litigating cases across all areas of taxation, such as income tax, VAT, real-estate taxation, natural-resources taxation, etc. in various courts, including before district courts and the Supreme Court.
What sets our firm apart is the combination of decades of experience representing clients before the tax authorities and a deep understanding of all areas of taxation. Our team excels at tailoring strategies for each client and case, devising the most effective litigation strategies aimed at achieving efficient and optimal resolutions to the disputes.
Encouragement of Capital Investments
Our firm’s team possesses deep knowledge and expertise on tax benefits and incentives under the Law for the Encouragement of Capital Investments, the Angels Law that is designed to attract investments in high-tech companies and benefits for the renewable energy sector.
Clients, including companies and prominent entities in the economy, as well as private investors, receive preliminary consulting, tax planning and action plans tailored to them, all aimed at maximizing the possible tax benefits. Our team closely guides and supports clients on these issues before the ITA and in the courts.
Natural Resources Taxation
Our firm possesses unique expertise in natural resources taxation. We guide and assist entities holding projects for the production of oil and natural gas, addressing income tax and VAT aspects and those related to specific levies and royalties imposed on operations in this sector. Our firm is adept at managing disputes with authorities on various issues related to investments in various gas infrastructure projects, selling rights in gas projects, natural gas export agreements, among others.
Customs
Our firm possesses unique expertise in international trade and litigation against customs authorities, the ITA, and courts of various instances in civil cases involving the import and export of goods, including relating to the payment of customs duties, purchase tax, import levies, and more.
We diligently guide and assist our clients in handling the classification of goods and compliance with standards, as well as relating to disputes arising from these issues, including pricing concerns and determining the value of imports for tax purposes.
