Tax

Overview

The Tax Department at Arnon, Tadmor-Levy is among the leaders in its field in Israel. The department has extensive experience in advising both large and small businesses regarding Israel’s complex tax laws, and their implications for commercial and financial transactions. The firm advises foreign and Israeli companies, private clients with significant assets – both local and international – and businesses in investment planning and tax structuring, identifies and resolves ongoing tax issues, represents clients before tax authorities in assessment and objection procedures, and before the courts in tax appeals (income tax, VAT, and real estate taxation).

The department has broad expertise and experience in various tax areas, including corporate taxation, international taxation and the application of tax treaties, mergers and acquisitions, transfer pricing, VAT, venture capital funds, employee stock option plans and executive compensation, financial instruments and capital markets, real estate taxation, trust taxation, intellectual property, incentive laws, and more.

Arnon, Tadmor-Levy is also home to the leading teams in Israel in supporting multinational companies in transactions for the merger and acquisition of Israeli companies, supporting high-tech companies from their establishment through investment rounds to exit, real estate taxation, and personal wealth management and intergenerational transfer. Together with the Tax Department, these departments have been recognized in the most prestigious rating guides, including Chambers and Partners, The Legal 500, ITR World Tax, Duns 100, BDiCode.

Services provided by our Tax Department include:

  • Providing tax opinions, including applications to authorities for rulings.
  • Advising in identifying tax obstacles and developing creative solutions.
  • Tax litigation, and representing taxpayers in tax disputes in district courts and the Supreme Court.
  • Negotiating with tax authorities regarding arrangements and pre-rulings on structural changes, tax treaty application, taxation of foreign residents, and more.
  • Tax planning for Israeli-owned companies operating abroad, and for international companies operating in Israel.
  • Handling various tax aspects of financial compensation for employees.
Real Estate Tax

Arnon, Tadmor-Levy is one of the few firms in Israel offering high-level representation and guidance in real estate taxation, in addition to extensive representation and support in real estate and planning and construction. Services provided by the Real Estate Tax team include:

  • Advice and preparation of opinions on various tax matters related to real estate transactions, such as betterment tax, acquisition tax, and VAT, including tax calculations and transaction reporting to tax authorities.
  • Advice and tax planning for complex real estate transactions through the correct structuring of the deal, including international taxation aspects if needed.
  • Advice and tax planning for financing transactions for real estate purchase and development.
  • Advice, tax planning, and representation before tax authorities regarding tax matters related to complex urban renewal projects, such as combination deals, evacuation and construction transactions, and urban renewal projects, like TAMA 38.
  • Representing clients in assessment procedures before various real estate taxation offices, including representation during the assessment process, preparation and management of objection procedures to administrative valuations according to the best jurisprudence, and negotiations with tax authorities to finalize an assessment.
  • Preparation and representation of clients in appeal procedures before various appeal committees and courts.
  • Optimal advice and planning regarding intergenerational real estate transfers within the family.
Wealth Management

For over 60 years, we have been advising individuals and families on tax planning aspects of the intergenerational asset transfer of private and business properties, and in drafting family arrangements, including trusts, to meet the complex needs and sensitivities of each family, as well as accompanying multinational families in connection with their immigration to Israel, and in making capital and real estate investments in Israel.

This work is carried out by a team that combines expertise in the relevant fields of Israeli and international taxation, trusts taxation, and real estate taxation, along with experts in inheritance and gift law, marital agreements, and guardianships.

Client Testimonials, The Legal 500 | 2025

“Strong commercial understanding of the deal and creative tailor-made solutions for each situation.”

“This team is known for its exceptional expertise and collaborative work environment.”

Client Testimonials, Chambers Global | 2025

“They have mastery and knowledge of material tax laws and execution of strategies. They have one of the top teams in Israel.”

“This department stands out due to its creative problem-solving skills, ensuring that they provide tailored tax solutions for clients. They’re always available to address urgent matters, while their professionalism and expertise provides reliable, informed advice.”

Client Testimonials, The Legal 500 | 2024

“Ofir Levy and his team solved our tax issues, negotiated with the tax office and came back with a solution. They understood the business side.”

“Very responsive with high quality, practical advice.”

Client Testimonials, Chambers Global | 2024

“Arnon, Tadmor-Levy are so responsive and I can count on their advice. They have experience in cross-border matters, which is so important.”

“The Arnon team has strong depth and breadth, and a high ability to handle specific complex matters.”

Client Testimonials, The Legal 500 | 2023

“We recommend the team for its smart thinking, both in and out of the box. Boaz Feinberg is readily available, helpful and thoughtful.”

“This practice is unique in that the tax group understands the complex interplay between U.S. and Israeli rules, since most of the clients have those types of connections. They are excellent in accomplishing clients’ objectives.”

Practice leaders

Ravit Baram-Mazor

Partner
Ofir Levy

Partner
Dan Toledano

Partner
Ofir Paz

Partner
Boaz Feinberg

Partner

RELATED MEDIA

Tax Exemption for New Immigrants and Veteran Returning Residents: Draft Bill to Encourage Immigration and Return to Israel
What happened? The Ministry of Finance circulated a draft bill implementing the Government’s decision regarding the economic program, aimed at encouraging immigration to Israel and return to Israel through tax incentives. The purpose of the bill is to encourage new immigrants and veteran returning residents to immigrate to, or return to Israel from January 2026 onwards. It is important to emphasize that this is a draft bill only, which has not yet been enacted into law, and therefore it may not be adopted, or may be adopted with changes from those reflected in the draft. Who is it relevant to? Individuals planning to immigrate to Israel in 2026, and their advisors. Legislative background According to the explanatory notes accompanying the draft, the proposed legislation is based on the growing manifestations of antisemitism worldwide, particularly following the outbreak of the "Swords of Iron" war, which may lead Jews to emigrate from their countries of residence. The purpose of the bill is to encourage potential immigrants and returning residents, particularly those belonging to higher socio-economic groups, to choose Israel as their destination. Current legal framework Under the current law, individuals who become Israeli residents for the first time, or veteran returning residents (individuals who have been foreign residents for ten consecutive years or more), are entitled to a tax exemption on income derived outside Israel from any source, or income derived from assets located outside Israel, as well as on capital gains from the sale of assets located outside Israel, for a period of ten years from the date they become Israeli residents. The current law does not provide an exemption for income generated in Israel, including income from personal exertion (active income from business, profession, or employment). Substance of the proposed legislation According to the draft, it is proposed to grant new immigrants and veteran returning residents a tax exemption on a portion of taxable income from personal exertion generated or derived in Israel, for a period of five years (2026–2030), subject to declining exemption caps over the years:
Read more
International Taxation – Bill on Minimum Corporate Tax in a Multinational Group, 2025  
On November 26, 2025, the Ministry of Finance published the Bill on Minimum Corporate Tax in a Multinational Group, 2025 (the “Bill”), aimed at implementing in Israel, the QDMTT mechanism (Qualified Domestic Minimum Top-Up Tax), one of the OECD’s Pillar 2 rules. If enacted, this would mark a significant step in Israel’s adoption of the BEPS (Base Erosion and Profit Shifting) project principles, intended to ensure a uniform minimum tax rate of 15% on the profits of multinational groups operating worldwide. Many countries have already incorporated these principles, some more broadly than Israel intends to do through this Bill.
Read more
Repeal of the Reporting Exemption for New Immigrants and Returning Residents – Final Call!
What Happened?On April 7, 2024, the Knesset passed an amendment to the Income Tax Ordinance, […]
Read more
The Tax Authority Publishes a New Voluntary Disclosure Procedure and an Important Clarification Regarding the Use of Information
Background On August 25, 2025, the Israeli Tax Authority published a new voluntary disclosure procedure […]
Read more
To all related media

Recognition

dun's100