Change Of A Business Model In Multinational Groups

This is an important update for multinational groups with business activities or affiliates in Israel, and is particularly relevant for groups contemplating a change of their business model affecting Israeli subsidiaries or the purchase of an Israeli company.

The Israel Tax Authority (the “ITA”) published a comprehensive circular, number 15/2018 (the “Circular”), addressing the Israeli income tax aspects of business model restructuring by multinational groups.  A change of a business model refers mainly to […]

By | January 23rd, 2019 ||

Top 10 Topics For Directors In 2019: Corporate Culture

The corporate culture of a company starts at the top, with the board of directors. While the board does not manage the operations of a company, it advises the management team and helps set strategy and plans for the company. The directors should be attuned not only to all aspects of a company’s business, but also to its people, values and reputation.

To understand a company’s culture, the board should interact with the C-suite on […]

By | January 22nd, 2019 ||

Looking Into The Deal Between GSK – Hindustan Unilever And What Ensues From The Same

In the first week of  December, Hindustan Unilever announced  a merger with the local unit of GlaxoSmithKline.  The said deal is estimated to be of around $ 3.8 Billion and is anticipated to bolster the FMCG company’s (Fast Moving Consumer Goods)  (HUL ) position in the Indian market  significantly.  The deal involves the FMCG  giant Hindustan Unilever Limited (HUL) and GlaxoSmithKline’s Indian nutrition business.1

Hindustan Unilever Limited (HUL) is India’s largest FMCG company and enjoys […]

By | January 22nd, 2019 ||