In a precedential ruling of Broadcom Semiconductors case, which was granted after four years of complex legal proceedings, the District Court accepted the taxpayer’s position in its entirety.
The ITA did not file an appeal to the supreme court and therefore the ruling became final.
Following the final ruling, Partners Daniel Paserman (CPA), Head of Tax and Shlomo Aviad Zider, in a client update reviewing the meaningful tax implications for acquisitions of Israeli companies.
