Social Banks in Israel—Will They Succeed?

Recent print and broadcast media articles reported on several clauses that will be included in the banking section of the emerging Hesderim (Arrangements) Law. One such clause includes the promotion of the establishment of credit unions, more commonly known as ‘social banks’. The idea behind thi...

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Reducing The Tax On Dividends Given To Israeli Shareholders Is The Need Of The Hour

Whether you have had the chance to watch the news in recent days or not, you probably heard about the Israeli government’s intention to impose a new series of harsh economic measures, some of which, have already been implemented. In a letter sent a few days ago by Ofer Menirav, CPA, and the Ch...

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