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Gornitzky & Co's tax department is led by its six partners including the highly regarded litigator Pinhas Rubin, who was promoted to chairman of the firm this year. Some competitors have suggested this has left him unable to handle the same volume of ... [more]

Gornitzky & Co's tax department is led by its six partners including the highly regarded litigator Pinhas Rubin, who was promoted to chairman of the firm this year. Some competitors have suggested this has left him unable to handle the same volume of tax work as in previous years, but he has been active in many high profile cases this year and the rest of the department is well regarded across a broad range of tax issues. Partner Gur-Yehuda Savir is a practitioner repeatedly singled out by peers for corporate tax and capital markets and sits on both the tax committee and the entities and capital markets committee of the Israel Bar Association. Daniel Paserman is also a member of the tax committee and a member of the corresponding body of the Israeli Accounting Board. Tax litigation for the firm this year included representing companies affected by the government's proposed special tax on the oil and gas sector after the discovery of a large gas field off the Israeli coast. The team led by Rubin represented the companies' interests throughout the legislative process, culminating in an application to the Supreme Court for declaration of the proposed law as unconstitutional. The firm is also capable in tax planning and cross border structuring, with Eli Elya identified by his peers as first-class in those practice areas. The firm's work this year has included advising a consortium of 15 Israeli public companies and institutional investors on the restructuring and refinancing of their purchase of 16 Hilton hotels in the UK. This required analysis of the best structures to use and attention to the interaction of Israeli, Gibraltarian, Jersey and English law from a tax perspective.