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Articles by Sagi Gross
NGOs and PBCs to Report Donations Digitally | JD Supra
Starting on January 1, 2026, a significant change will take effect in the reporting format of donations received by NGOs, including amutot and public benefit companies (PBCs). In July 2025, the Israel Tax Authority (ITA) published an addendum to Income Tax Circular 9/2015 (Guidelines for Applying Section 46 of the Income Tax Ordinance). Until now, NGOs had to report donations as part of their annual reports to the Registrar of Amutot and to the ITA.
Israel Tax Authority Announces Green Track to Apply for Recognition as Public Institution | JD Supra
Tax Benefits to NGOs in Israel and “Public Purposes” | JD Supra
Israel (like other countries) provides support to NGOs in the form of tax benefits granted subject to the fulfillment of defined criteria and conditions. The purpose of these benefits is to support the social and public activities of NGOs and to enable them, among other things, to expand their positive impact on Israeli society. Tax exemption to NGOs on their income.
Tax Benefits to NGOs in Israel and “Public Purposes”
Israel (like other countries) provides support to NGOs in the form of tax benefits granted subject to the fulfillment of defined criteria and conditions. The purpose of these benefits is to support the social and public activities of NGOs and to enable them, among other things, to expand their positive impact on Israeli society. Among the tax benefits, two are particularly significant: Tax exemption to NGOs on their income.
Activities by NPOs during a State of Emergency in Israel
As a result of the “Swords of Iron” war and the state of emergency in Israel, the Registrar of Amutot and Endowments has published new guidelines allowing amutot and public benefit companies to deviate from their approved objectives in order to provide assistance during the war, without having to submit an application for a change of objectives.
NPOs Receive Exemptions from Real Estate Betterment Levies | JD Supra
The Israeli Supreme Court handed down a precedent-setting ruling recently in the Evangelical Episcopal Church case. According to the ruling, Israeli NPOs may receive an exemption from paying real estate betterment levies to the relevant local authority, even in instances when the property is not used for the advancement of public purposes.
NPOs Receive Exemptions from Real Estate Betterment Levies
The Israeli Supreme Court handed down a precedent-setting ruling recently in the Evangelical Episcopal Church case. According to the ruling, Israeli NPOs may receive an exemption from paying real estate betterment levies to the relevant local authority, even in instances when the property is not used for the advancement of public purposes.
Material Adverse Change (MAC) Clauses in M&A Transactions | JD Supra
July 3, 2023 To embed, copy and paste the code into your website or blog: A material adverse change (MAC) is a common term in merger and acquisition agreements. The term describes a change or event that, if realized, could have a material negative impact on the parties to the transaction (mainly on the acquiree company). MAC clauses stipulate which events entitle the buyer to cancel the transaction, provided they materialized between the agreement’s signing date and the transaction’s consummation.
Material Adverse Change (MAC) Clauses in M&A Transactions
A material adverse change (MAC) is a common term in merger and acquisition agreements. The term describes a change or event that, if realized, could have a material negative impact on the parties to the transaction (mainly on the acquiree company). MAC clauses stipulate which events entitle the buyer to cancel the transaction, provided they materialized between the agreement’s signing date and the transaction’s consummation.
"Dieselgate" Effect: Israel Changes Rules of Game for Class Actions over Environmental Damage | JD Supra
The Tel Aviv District Court recently allowed a motion to certify a class action against the Volkswagen Group and its importer in Israel, Champion Motors Ltd. The class action focuses on the Dieselgate scandal, after an investigation discovered that Volkswagen installed emissions management software in its diesel-powered vehicles that falsifies air pollution data. The Dieselgate scandal first made headlines in late 2015.
Guide to the ESGI | JD Supra
The ESG Index (ESGI) represents the three key spheres that encompass responsible investments (or “green investments”)—Environmental, Social, and Governance. The responsible investments market has been rapidly gaining momentum in recent years, mainly in Europe and the United States. These investments are based mainly on the ESGI. The index’s primary users are investors attempting to predict, to the extent possible, the profitability of their investments in the long-range.
Amutot and PBCs Set to Independently Update Details and Information | JD Supra
The Israeli website “GuideStar,” which provides information about Amutot (One of the common types of non-profit organizations in Israel) and PBCs, launched a new and important interface that enables these organizations to independently update their details and information. This upgrade is part of the Israeli Ministry of Justice’s extensive streamlining program, which includes a transition to performing operations via an online system.
Equal Pay: employers’ new reporting obligation | JD Supra
The deadline for implementing the provisions of the new amendment to the Male and Female Workers (Equal Pay) Law is June 1, 2022. The purpose of the amendment is to increase organizations’ transparency about gender pay gaps. The ultimate goal is to reduce gender discrimination and promote equal employment terms between men and women in Israel.
Illegal Spilling of Sewage Water into Sea Leads to Significant Fine | JD Supra
The Tel Aviv Magistrates’ Court has set a fine totaling ILS 340,000 on Kishle House (which operates the Setai Hotel in Jaffa) and on two company officers after the Israeli Ministry of Environmental Protection filed an indictment against them for dumping wastewater into the sea without a permit.
Illegal Spilling of Sewage Water into Sea Leads to Significant Fine
Israel February 13 2022 The Tel Aviv Magistrates’ Court has set a fine totaling ILS 340,000 on Kishle House (which operates the Setai Hotel in Jaffa) and on two company officers after the Israeli Ministry of Environmental Protection filed an indictment against them for dumping wastewater into the sea without a permit.
Israeli Environmental Protection Ministry Takes Major Step to Ensure Environmental Rehabilitation per Polluter Pays Principle | JD Supra
The Knesset Finance Committee, headed by MK Alex Kushnir (Yisrael Beitenu), recently approved a mechanism for compensation for the rehabilitation of industrial waste damages caused by Rotem Amfert (of the ICL Group). The committee arrived at the mechanism as part of discussions on the extension of the phosphate mining concession currently granted to the company. Rotem Amfert’s plant is responsible for about 80% of the industrial waste generated annually in Israel.
ILS 3 Million Sanction on Shufersal | JD Supra
The Israeli Ministry of Environmental Protection announced this week its imposition of a pecuniary sanction totaling about ILS 3 million on the leading supermarket chain Shufersal for violations of the Clean Air Law. (In particular, the company violated provisions mandating the reduction and prevention of air pollution from its vehicles).
Officers’ Responsibility for Ecological Disaster | JD Supra
About seven years ago, one of the worst ecological disasters in Israel’s history occurred. During work to divert an oil pipeline, one of the old pipelines belonging to the government company Eilat Ashkelon Pipeline Co. Ltd. (EAPC) ruptured near the Evrona Nature Reserve. As a result, about five million liters of crude oil poured from the pipeline into the nature reserve located in the Arava Valley.
Conditions for Amutot and PBCs to Engage with Israeli State Institutions | JD Supra
Up until today, pursuant to an Israeli government resolution dating back to 2001, NPOs (such as Amutot and public-benefit companies) that did not possess a certificate of proper management could not engage with government entities. A certificate of proper management is a certificate issued to Amutot and PBCs by the Registrar of Amutot and Endowments after receiving an organization’s annual report (in conformity with the statutory requirements and the registrar’s instructions).
ESG: The New Must-Have in the Due Diligence Process | JD Supra
An assessment of environmental, social, and governance (ESG) factors has become an integral part of the due diligence review of companies. Such assessment may provide a potential acquirer with a detailed analysis of a company’s ability to operate successfully in a corporate world with growing environmental awareness. This is especially important for companies looking at merger and acquisition targets and seeking new investments. It is also important for any company for its future planning.
Israeli High Court Ruling: The Knesset Finance Committee is Limited in its Authority to Approve Tax Benefits for NPOs | JD Supra
The Israeli High Court of Justice ruled recently that section 46 of the Income Tax Ordinance does not authorize the Knesset Finance Committee to exercise broad discretion in recognizing NPOs and in fact the Committee’s approval is limited solely to that related to its supervisory role.
Climate Law Memorandum: Goals and Means for Handling the Climate Crisis | JD Supra
The Ministry of Environmental Protection recently published the Memorandum for the Climate Law 2021. The memorandum’s main purpose is to create an organizational framework for Israel’s handling of the global climate crisis. It follows the developing trend among countries worldwide that have enacted similar climate legislation. According to the memorandum, handling the crisis shall occur on two primary levels.
ISA Recommendations on Corporate Responsibility and ESG Risks | JD Supra
In light of global capital market investors’ growing interest in the topic of responsible investments, the Israel Securities Authority recently published a proposed outline for corporate responsibility and ESG risk disclosures. The purpose of the outline is, inter alia, to form a baseline for Israeli reporting corporations to assimilate corporate responsibility into their businesses.
Five Things You Didn’t Know about Impact Investing | JD Supra
In the last decade, impact investments have become an international trend to address global challenges in the areas of environment, welfare, health, employment, and education.
An Act of Deterrence against a Polluting Plant - Gadiv | JD Supra
The Ministry of Environmental Protection imposed a financial sanction of NIS 634,000 on Gadiv Petrochemical Industries of the Bazan Group, following the company’s violation of the terms of an emission permit. Under the emission permit granted by the Ministry of Environmental Protection, Gadiv, which manufactures aromatic chemicals, was required to set up a facility for emissions treatment. The company failed to set up the facility within the time period determined to do so.
Second Phase of Financial Assistance Grants for Third Sector Kicks Off | JD Supra
Last May, the Social Affairs Division in the Accountant General Department in the Ministry of Finance published a number of steps designed to assist third-sector organizations (’Amutot’ and public benefit companies), and civil society. Several days ago, the second phase of financial assistance commenced. This phase expands some of the eligibility conditions for a grant (although most of the requirements remain identical to those established in the first phase).
Israeli Registrar of Amutot Eases Reporting Obligations for Amutot and Public Benefit Companies (PBCs) | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Israel: Aid Measures for Third-Sector Organizations and Civil Society | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Israeli Registrar of Amutot Presents a New Policy – Certificate of Proper Management Valid for Two Years | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
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