FBC’s Tax department represents the largest and most prominent multinational and local entities that are active in the Israeli market and is involved in their most significant Israeli transactions.
FBC provides counsel on the full spectrum of tax matters related to commercial activities in Israel, including income tax, VAT and real estate tax, as well as on cross-border transactions and other complex transactions handled by the firm.
FBC specializes in creating innovative solutions which are tailor-made to its clients' needs and has particular expertise in precedent-setting tax litigation proceedings and in obtaining pre-rulings from the Tax Authority in a wide variety of areas, including VAT and debt restructuring.
Qualcomm, in the Israeli tax aspects arising from its $400M acquisition of Wilocity and $144M acquisition of DesignArt
Perrigo, in the Israeli tax aspects of its $8.6B acquisition of Elan Corporation PLC and the reincorporation of Perrigo in Ireland, and in its earlier $800M acquisition of Agis Industries
E. Schnapp & Co., in the tax aspects of various matters including the establishment of Israel’s new sea ports
Kamada, an Israeli biopharmaceutical company publically traded on the TASE, in all Israeli tax aspects related to its $60M Nasdaq IPO
REIT 1, Israel’s first REIT, in its formation and in numerous real estate transactions
Israel Ports Development & Assets Company, a governmental company responsible for the development of Israel’s two commercial seaports