Israel Planning New and Expanded Incentives for Technology Companies

The Israeli government has published a draft bill that includes new and expanded incentives for investment in technology companies. One of the main incentives is a write-off deduction over five years after the year of acquisition for a qualifying acquisition of an Israeli technology company, which is meant to promote investment while keeping intellectual property (IP) in Israel. Conditions for the incentive include:

• The acquiring company has annual average revenue of at least ILS 75 million …