Stiff Israeli Taxation Forces Companies To Leave Country Despite High-Tech Boom, More Firms Are Going West

Managing Change (A Special Report On Management In The New Economy) 

The Wall Street Journal, Europe.

Tamar Hausman
(June 27, 2000)

(Copyright (c) 2000, Dow Jones & Company, Inc.)

“Another American, David Teten, made aliya (immigration to Israel) in 1998 and last year started GoldNames Inc. The company, which is a Delaware corporation, has the majority of its operations in Jerusalem. The start-up calls itself an investment bank for Internet domain names. The concept has attracted about 30 immigrants from 20 countries to join the company since its launch less than a year ago.”