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Unraveling the Intangible Asset Conundrum

Internationale RechtsprechungSteuerrechtMirna S. ScrepanteTPI 2023, 185 - 191 Heft 5 v. 15.10.2023

The intersection of multinational corporate acquisitions and international taxation has long been a contentious arena with complex legal and financial considerations. In the case of Israel vs Medtronic Ventor Technologies Ltd (2023), the Israeli District Court grappled with a matter of profound significance for both the corporate world and the field of international taxation. This case revolves around the acquisition of Ventor Technologies Ltd, an Israeli company, by the Medtronic group in 2008 and 2009 for a substantial sum of 325  million $. The judgment joins previous District Court judgments in the cases of Gteko (2017),Broadcom (2019), and Medingo (2022).

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