Daniel Paserman (CPA), Head of Tax at our firm, was interviewed by Matthew Kalman for Bloomberg BNA regarding the Circular recently published by the ITA on reverse triangular mergers.

Daniel Paserman (CPA), Head of Tax at our firm, was interviewed by Matthew Kalman for Bloomberg BNA regarding the Circular recently published by the ITA on reverse triangular mergers. The circular addresses the matter of classification and taxation of such mergers, including the loans often used by acquiring companies in these cases. Adv. Paserman noted that this is actually an “anti-avoidance circular which may increase the price of purchasing Israeli companies.”