In recent years the weight of the tax benefits under the Encouragement of Capital Investments Law has greatly increased; from which hundreds of companies benefit on the scale of billions of shekels every year. Alongside this law, the State of Israel grants tax benefits to industry and tourism through the Encouragement of Industry (Taxes) Law, tax benefits for research and development, benefits for rental properties and for entrepreneurs in the area of renewable energy.
The exceptional proficiency of Moshe Mizrachi, Noach, Kriegel & Co. in the encouragement laws and the in-depth understanding of the firm’s partners with respect to the principles underlying the various arrangements enables a thorough examination of the entitlement to tax benefits in various situations, tax solutions for compliance with the terms of eligibility, and supporting requests for approval from the state authorities (the Chief Scientist at the Ministry of Economy, the Investments Center, and other bodies).
In this framework, Moshe Mizrachi, Noach, Kriegel & Co. represents leading industrial companies, both traditional and hi-tech. The firm’s encouragement law practice is led by Adv. Amit Kriegel, who served as head of the Encouragement Law Department at the Legal Division of the Israel Tax Authority and was deeply involved with formulating the Israel Tax Authority’s policy in this area, and was among those who formulated Amendment no. 68 to the Encouragement of Capital Investments Law.
Among other services for its clients, the firm:
© All rights reserved to Moshe Mizrahi Noah Kriegel & Co.