New Regulations: USA-Israel Defense Aid

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New Regulations: USA-Israel Defense Aid

June 13 @ 8:00 am - 5:00 pm

BDO, Fox Rothschild and EDI partner to present: New Regulations: USA-Israel Defense Aid

Given the new conditions attendant to the $38b ten-year security agreement signed at the end of 2016 between the U.S. and Israel, there are new challenges to Israel sub-contractors to the defense industry.

Whereas in the past ~26% of all purchases under the joint security agreement could be used to pay Israeli sub-contractors in Israel, the new agreement posits that 100% of these funds must be spent in the U.S. As such, for Israeli sub-contractors to continue to enjoy the benefits of this business activity, they will need to open facilities in the U.S. and produce there in order to qualify as a supplier.

The practicum will discuss the challenges facing Israeli companies committed to operating in the U.S., what locations are best, an overview of local incentives as well as tax and legal issues associated with such a move.

 

Program:
9:30 Arrival and light breakfast

10:00 General overview of the Israeli Defense Industry and its US aid utilization. Specifically what is next, given the latest changes of regulations
Chen Herzog, Chief Economist, BDO Israel

10:30 Legal aspects of the new situation and Key Elements companies should take into consideration when examining expansion to the US
Sarah B. Biser, Partner, Fox Rothschild LLP

11:00 Financial and Tax aspects, companies should take into consideration when planning expansion to the USA
Israel Josovic, International Tax Partner, BDO Israel

11:30 Case Study: Establishing Business Operations in the US
Sherwin Pomerantz, Founder and CEO, Atid-EDI

12:00 Additional Business Opportunities under the new regulations
Eric Sobota, Partner, Government Affairs, BDO USA

12:30 Questions, Answers, and Closing Remarks

Details

Date:
June 13
Time:
8:00 am - 5:00 pm
Website:
https://www.bdo.co.il/en-gb/events/july-2nd-new-regulations-usa-israel-defense-aid

Organizer

Atid EDI
Email:
info@atid-edi.com
Website:
http://www.atid-edi.com

Venue

BDO ISrael
BDO House, Ground Floor 48 Menachem Begin Road
Tel Aviv, Israel
+ Google Map
Website:
https://www.bdo.co.il/