Israel Approves New Tax Benefits for Technology Investors

Israeli parliament approves a law granting tax benefits to investors in Israeli technology startup companies in order to help support investment.

• Private investors in pre-seed and seed rounds will get a tax credit
• Shareholders who sell a technology company can delay their capital gains tax payments if they use some of the proceeds to invest in startups
• Companies that acquire technology firms will also benefit from some tax relief for five years
• Foreign banks will be exempted from some taxes if they offer loans to Israeli tech startups
• NOTE: Law passed days after government approves judicial oversight law, which was ...