On September 17, 2024, the Israeli Tax Authority (ITA) amended the existing rules governing employee share plan offerings in Israel, effective January 1, 2025. As part of these new rules, the ITA will reactivate dormant reporting obligations for employee share plan offerings in Israel and has also adopted new requirements and procedures for establishing share plan offerings with trustee arrangements.
Join Baker McKenzie and Israeli Firms Herzog, Fox & Neeman and Phoenix – ESOP for a webinar on October 30th for an overview of the amended rules and the new quarterly and annual tax filings for companies offering equity compensation to employees in Israel.
We will discuss:
- A review of the new 2024 rules
- The latest updates from the ITA on the quarterly and annual filing deadlines and reporting requirements
- What to expect in the new tax circular that the ITA is expected to issue shortly, including the revised process for companies wishing to implement a new plan under a trustee track
- Update on the tax audit landscape in Israel