Economic Court Restores Certainty to Profit Test for Dividend Distributions
By EsqSocial Corporation 26/01/21
Pursuant to the Companies Law, in order for a company to be able to distribute a dividend, it must pass two “distribution tests”: the profit test and the solvency test. The profit test is a retroactive technical test that examines a company’s accumulated profits over the last two years....
By: Barnea Jaffa Lande & Co.