Ossie Ravid

Although Israeli companies operating in the US often focus on federal tax concerns, US state and local taxes (SALT) have the potential to significantly increase tax liabilities. For example, if a company does not collect sales tax from its customers and fails to file any sales tax returns, its obligation to pay the tax can accrue indefinitely – and the liability is based on gross taxable sales, not net taxable sales.

The term “femtech” – short for female technology – is used to describe the rising trend of applications, devices, products and diagnostics catering to the needs of women’s health. Pitchbook estimates that in 2019 the global femtech market generated $820.6 million and could reach at least $3 billion by the end of 2030. Despite its popularity, femtech remains a significantly underdeveloped area of health tech.