We helped a US based family with inherited Israeli funds understand and navigate the structure of their inheritance. The non-US trustee was losing significant money each year through the investment strategy, structural inefficiencies and tax inefficiencies, and the inheritance had dwindled without being tapped for use by the beneficiaries. We delicately negotiated with the trustee to stop the hemorrhaging of the assets while working with the IRS to obtain a full penalty waiver for the beneficiaries with respect to failing to report their inheritance to the IRS (initial projections showed potential penalties well in excess of the remaining inheritance).

We negotiated a significant penalty abatement for a US based family with investments in Israel (which included substantial rental real estate holdings and financial assets) who had failed to include their Israeli assets in their annual US filings. The 8 digit abatement was obtained without the family needing to make an in person appearance before the IRS.

Advised the senior agent to existing international lenders to the Cross Israel Highway. Also known as 'Highway 6' and 'the Trans-Israel Highway' we advised on the financing provided to the concessionaire, Derech Eretz Highways Ltd. Operating what is the largest toll road in Israel, the highway has generated investment in excess of USD$1 billion and was the biggest infrastructure project in Israel for many years and was the first major build-own-operate-transfer project in Israel.

Advising on a Letter of Credit dispute on behalf of an Israeli beneficiary against an issuing bank in connection with an emerging market energy project

Advising a high net worth Israeli entrepreneur on visa applications for him and his family under the Tier 1 (Entrepreneur) visa category and subsequently assisting with their applications for permanent residence in the UK.

We helped a US based family with accounts at a well-known and respected Israeli bank navigate the offshore voluntary disclosure program, obtaining excellent results with respect to minimizing inclusions of assets in the penalty base.

Acting for several UK resident individuals and families who have close connections with and assets in Israel as well as other jurisdictions such as the US and Switzerland. The common thread was that all the clients wanted to be fully tax compliant in the U.K. Despite differing degrees of previous non-compliance, all were able to make use of the different routes available to ensure safe, voluntary, confidential and civil disclosures to HMRC and full compliance for the future.

We acted for an Israeli family who could have had major tax liabilities in the U.K. However, following our detailed analysis of their whereabouts and lifestyle covering several years HMRC accepted that they had never become tax resident in the U.K.

We acted for an Israeli individual who was the subject of a domicile enquiry in the UK. Following detailed submissions covering a whole lifetime of residence, business activities and family relationships HMRC accepted our conclusion of non domicile.