Chamber Tax Committee headed by Yitzchak Chikorel, International Tax Leader at Deloitte Israel a Chamber member, is addressing a recent development in the importation taxes arena. Due to recent court decision in the case of Gottex, the Israeli tax authorities are now considering adding royalty payments made by Israeli concessionaires to the foreign owners of the brand, as part of the value of the import value of their goods for custom duty purposes. This may lead to double tax liability, the first is the withholding taxes on the royalty payments, and the second is the custom duty on the increased value of imported goods. That development may lead to additional consequences in the analysis of payments made for the import…
Chamber Hosts Energy Ministry DG Mr. Shaul Meridor The Chamber Energy Committee hosted Mr. Shaul Meridor the Director General of the Ministry of Energy at a breakfast meeting attended by 35 of the energy sector business executives. The meeting was hosted by Energy Committee Chair Mr. Zvi Rome, CEO of Petco International and Chamber CEO Oded Rose. Mr. Meridor addressed a number of burning issues such as the Natural Gas market, the reform of the electricity market and renewable energy. With regards to the natural gas supply and distribution he said that as long as fuel prices are above $38 pbbl, it is economical to switch industrial users to gas but that the problem is more with management attention. The…
Eight food-tech companies will be traveling on a delegation organized by the Chamber in collaboration with the Ministry of Economy, The Export Institute, Chamber member KPMG, The Kitchen Incubator, FoodLab Capital, and chamber member Earthbound. The delegation aims to expose the vibrant Israeli Food-Tech industry, and specifically the hand-picked participating companies, to the investment community in California and elsewhere in the U.S., and to potential partners in the food industry and its supply chain.
The California Israel Chamber of Commerce (CICC) in Collaboration with the Chamber is delighted to invite Israeli startups to apply to be part of the CiMED 2017 delegation, June 6 - 8, 2017. For the invetation - Click here
The Chamber in collaboration with the Federation of Israeli Chambers hosted a Roundtable Discussion with Skip Jones, U.S. Department of Commerce, on the Business Climate in Israel and Impediments for Importing U.S. Goods. In a well-attended meeting the Israeli companies identified several obstacles such as standards and asked Mr. Jones and the U.S. Commercial Attaché, Mr. Greg Briscoe to accelerate the effort for the removal of such barriers and support the import of U.S. goods to Israel.
Chamber co-hosted Kevin Stine, Chief of the Applied Cybersecurity Division, National Institute of Standards and Technology (NIST) The Chamber together with BIRD Foundation hosted Kevin Stine, Chief of the Applied Cybersecurity Division, National Institute of Standards and Technology (NIST). At a well-attended meeting of Israeli cybersecurity company executives and service providers, Mr. Stine provided an overview of NIST's activities in this space and especially in forming a framework of standards for cybersecurity.
Washington Briefing: Business and Legal Landscape following the 2016 U.S. Presidential Elections HFN, in collaboration with the Chamber of Commerce, hosted a panel with Morrison & Foerster for a special Washington briefing, during which Washington, D.C. partners discussed the business and legal landscape following the 2016 U.S. presidential election and the impact of the election on businesses in general and Israeli businesses in particular. For the presentation please Click here
Sign up for One-on-One prearranged meetings with state and local government representatives operating in Israel to discuss locating your U.S. operations in a specific state, finding U.S. partners or entering the U.S. market. Date: Wednesday, February 22, 09:00-17:00. Location: Mosevics Hall (16th Floor), 29 HaMered Street, Tel Aviv.
Round Table with Brooklyn Business Delegation The Chamber in collaboration with the Federation of Israeli Chambers of Commerce hosted a business delegation organized by the Brooklyn Chamber of Commerce along with chamber board member and New York State’s Israel Representative, Mr. Gerry Stoch. The Delegates met with Israeli companies to discuss mutual business opportunities.
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