• Described by Chambers Global as being an "extraordinary lawyer who provides sophisticated and brilliant advice", Leor Nouman chairs the firm’s Tax Practice Group. His tax practice covers every aspect of Israeli corporate, partnership and individual taxation, including cross border taxation, transfer pricing policies, the scope of double taxation treaties, tax planning, estates and trusts, employee incentive schemes, the taxation of real estate and disputes (including white collar tax litigation) with the Israeli tax authorities and extensive experience in commercial real estate transactions.


    Leor's clients include multinationals, publicly traded and private companies, financial institutions, real estate and property developers, investors, funds, charities, not for profit organisations, trusts and foundations and high net worth individuals.


    He advises his clients on tax structuring, tax reporting and the tax effects of transactions spanning a wide range of activities and industries. Leor's expertise includes acting for clients in the structuring of local and cross border mergers and acquisitions, the structuring of investments in Israeli real estate and other assets, tax on financial transactions, the structuring of tax efficient employee stock option plans and other reward systems for employees and obtaining Israeli tax rulings for various corporate activities and other potential tax events.


    Leor also has extensive experience advising individuals, families, trusts, foundations and charities, from many jurisdictions, on all aspects of Israeli income tax, capital gains tax and the tax benefits and tax holidays that may be available in Israel. He provides tax planning and wealth protection advice and is an expert in setting up tax efficient structures for the holding property and other investments in Israel and overseas.


    In addition, Leor represents clients on disputed tax assessments as well as voluntary disclosure of unreported taxable income. Leor has a wealth of experience resolving and negotiating settlements with the Israeli tax authorities and, where necessary, successfully challenging disputed tax assessments before the tax appeal committees, the district courts and the Supreme Court.

  • Leor has, inter alia, represented:


    • The Israel Infrastructure Fund and its partners, providing them with tax advice and accompanying them through tax ruling proceedings regarding the Fund’s US$ 110 million preferred equity investment in Israel's largest privately-owned gas-powered electricity station in Tel Tzafit, constructed by Dalia Power Energies Ltd.
    • Radiancy in a US$ 250 million reverse acquisition of PhotoMedex, a U.S company dually listed on NASDAQ and the TASE, including by way of provision of tax advice on structuring the transaction, tax opinions to the SEC, and representing Radiancy before the tax authorities in reaching favourable tax agreements and rulings
    • Shapir Civil and Marine Engineering Ltd., Israel’s largest construction, development and civil engineering company, providing tax advice and negotiating various agreements with the Minister of Finance and the tax authorities for the receipt of a licence to set up a fuel company and become a fuel licensed taxpayer
    • Dubek Ltd. with respect to three major tax litigation disputes with the Israeli tax authorities on questions of purchase tax refunds in bad debt transactions; purchase tax and VAT on tobacco exports to eastern Europe; and various issues relating to the payment of income tax by the company
    • The Weizmann Institute of Science on all of its tax issues, including in the tax planning and reorganisation of all of its real estate ownership, and reaching a settlement with respect to tax treatment for the 70-dunam Tamar Park, a new residential housing project for the Institute’s scientists
    • Readymix Israel and Cemex Israel, a subsidiary of CEMEX, the world's largest concrete manufacturer, in connection with restructuring of the group, its tax structure, M&A tax planning, and disputes with the tax and property tax authorities concerning many of its assets in Israel
    • Shufersal Ltd., Israel's largest food chain conglomerate, in an income tax dispute with the tax authorities on a range of income issues
    • Lime and Stone Ltd., Israel's largest producer of aggregates, in connection with various tax issues, and in finalising in court a tax settlement with the VAT authorities
    • The Israel Electric Company on various tax issues, including:


    (a) the tax implications of the future settlement agreement concerning all of its assets with the State of Israel and its debenture funding on the Tel Aviv stock exchange; and

    (b) a major tax dispute in the amount of NIS 5 billion with respect to the taxation of fuel inventory due, inter alia, to the Egypt gas crisis

    • Leor is frequently recommended for his Tax expertise by the major legal directories, including:

    • Chambers Global 2018: "extremely competent and knowledgeable" and "an excellent lawyer with vast experience in the field and with a very good understanding of the business aspects of his work."

    • Practice head Leor Nouman is ‘invaluable’ in disputes with the ITA and handles transactional and advisory mandates for the Weizmann Institute of Science, Veolia Group and Shikun & Binui Solel Boneh Infrastructure. Legal 500 EMEA, 2018

    • Chambers Global 2016: Leor advises individuals and businesses based in Israel and abroad on their tax activities and planning, and also assists clients with tax disputes and taxation as an element of broader corporate transactions. Sources say: "He has a breadth of experience and expertise across many different types of taxation, and is highly reliable counsel."

    • Chambers Global Client’s Guide has described Leor as “prized by clients as a thoroughly knowledgeable adviser who is easy to work with” and “an extraordinary lawyer who provides ‘sophisticated and brilliant advice’”;

    • The European Legal 500 has variously said in its recommendation of Leor that he “is smart and reliable”; “very creative and practical”; and has “extensive knowledge and the ability to find a suitable solution”;

    • Which Lawyer? and European Legal Experts have both ranked Leor as a leading lawyer and expert in the tax field.

  • Leor is Vice Chairman of the Tax Committee of the Israel Bar Association.


    He also serves on the Tax, International Tax and VAT Committees of the Israel Bar Association.