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Formula Systems (1985) Ltd – ‘20-F’ for 12/31/15 – ‘EX-8’

On:  Monday, 5/16/16, at 4:04pm ET   ·   For:  12/31/15   ·   Accession #:  1144204-16-102542   ·   File #:  0-29442

Previous ‘20-F’:  ‘20-F/A’ on 6/30/15 for 12/31/14   ·   Next:  ‘20-F’ on 5/16/17 for 12/31/16   ·   Latest:  ‘20-F/A’ on 12/11/23 for 12/31/22

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/16/16  Formula Systems (1985) Ltd        20-F       12/31/15  126:16M                                    Toppan Merrill/FA

Annual Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual Report by a Foreign Non-Canadian Issuer      HTML   2.28M 
 2: EX-8        Opinion of Counsel re: Tax Matters                  HTML     31K 
 5: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     32K 
 6: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     32K 
 3: EX-12.1     Statement re: Computation of Ratios                 HTML     37K 
 4: EX-12.2     Statement re: Computation of Ratios                 HTML     38K 
 7: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     31K 
 8: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML     31K 
15: R1          Document And Entity Information                     HTML     57K 
16: R2          Consolidated Balance Sheets                         HTML    165K 
17: R3          Consolidated Balance Sheets [Parenthetical]         HTML     46K 
18: R4          Consolidated Statements of Income                   HTML     95K 
19: R5          Consolidated Statements of Comprehensive Income     HTML     68K 
20: R6          Statements of Changes in Equity                     HTML    103K 
21: R7          Statement of Other Comprehensive Income             HTML     44K 
22: R8          Consolidated Statements of Cash Flows               HTML    263K 
23: R9          General                                             HTML     65K 
24: R10         Significant Accounting Policies                     HTML    223K 
25: R11         Business Combination, Significant Transaction and   HTML    116K 
                Sale of Business                                                 
26: R12         Marketable Securities                               HTML    114K 
27: R13         Fair Value Measurement                              HTML    128K 
28: R14         Investments in Affiliated Companies                 HTML     87K 
29: R15         Property, Plants and Equipment, Net                 HTML     66K 
30: R16         Goodwill                                            HTML     50K 
31: R17         Intangible Assets, Net                              HTML     77K 
32: R18         Liabilities to Banks and Others                     HTML     71K 
33: R19         Debentures                                          HTML     72K 
34: R20         Related Party Transactions                          HTML     39K 
35: R21         Employee Option Plans                               HTML    254K 
36: R22         Liability in Respect of Capital Lease               HTML     52K 
37: R23         Commitments and Contingencies                       HTML     78K 
38: R24         Equity                                              HTML     63K 
39: R25         Income Taxes                                        HTML    224K 
40: R26         Supplementary Financial Statement Information       HTML    179K 
41: R27         Subsequent Events                                   HTML     34K 
42: R28         Significant Accounting Policies (Policies)          HTML    300K 
43: R29         General (Tables)                                    HTML     48K 
44: R30         Significant Accounting Policies (Tables)            HTML    110K 
45: R31         Business Combination, Significant Transaction and   HTML     82K 
                Sale of Business (Tables)                                        
46: R32         Marketable Securities (Tables)                      HTML    120K 
47: R33         Fair Value Measurement (Tables)                     HTML    128K 
48: R34         Investments in Affiliated Companies (Tables)        HTML     87K 
49: R35         Property, Plants and Equipment, Net (Tables)        HTML     63K 
50: R36         Goodwill (Tables)                                   HTML     49K 
51: R37         Intangible Assets, Net (Tables)                     HTML     78K 
52: R38         Liabilities to Banks and Others (Tables)            HTML     76K 
53: R39         Debentures (Tables)                                 HTML     62K 
54: R40         Employee Option Plans (Tables)                      HTML    240K 
55: R41         Liability in Respect of Capital Lease (Tables)      HTML     50K 
56: R42         Commitments and Contingencies (Tables)              HTML     42K 
57: R43         Equity (Tables)                                     HTML     51K 
58: R44         Income Taxes (Tables)                               HTML    200K 
59: R45         Supplementary Financial Statement Information       HTML    409K 
                (Tables)                                                         
60: R46         General (Details)                                   HTML     40K 
61: R47         General (Details Textual)                           HTML     96K 
62: R48         Significant Accounting Policies (Details)           HTML     48K 
63: R49         Significant Accounting Policies (Details 1)         HTML     45K 
64: R50         Significant Accounting Policies (Details 2)         HTML     43K 
65: R51         Significant Accounting Policies (Details 3)         HTML     51K 
66: R52         Significant Accounting Policies (Details 4)         HTML     50K 
67: R53         Significant Accounting Policies (Details 5)         HTML     48K 
68: R54         Significant Accounting Policies (Details Textual)   HTML     75K 
69: R55         Business Combination, Significant Transaction and   HTML     57K 
                Sale of Business (Details)                                       
70: R56         Business Combination, Significant Transaction and   HTML     40K 
                Sale of Business (Details 1)                                     
71: R57         Business Combination, Significant Transaction and   HTML     52K 
                Sale of Business (Details 2)                                     
72: R58         Business Combination, Significant Transaction and   HTML    181K 
                Sale of Business (Details Textual)                               
73: R59         Marketable Securities (Details)                     HTML     47K 
74: R60         Marketable Securities (Details 1)                   HTML     46K 
75: R61         Marketable Securities (Details 3)                   HTML     44K 
76: R62         Marketable Securities (Details Textual)             HTML     36K 
77: R63         Fair Value Measurement (Details)                    HTML     62K 
78: R64         Fair Value Measurement (Details 1)                  HTML     44K 
79: R65         Investments in Affiliated Companies (Details)       HTML     52K 
80: R66         Investments in Affiliated Companies (Details 1)     HTML     63K 
81: R67         Investments in Affiliated Companies (Details 2)     HTML     37K 
82: R68         Investments in Affiliated Companies (Details        HTML     33K 
                Textual)                                                         
83: R69         Property, Plants and Equipment, Net (Details)       HTML     54K 
84: R70         Property, Plants and Equipment, Net (Details        HTML     32K 
                Textual)                                                         
85: R71         Goodwill (Details)                                  HTML     46K 
86: R72         Intangible Assets, Net (Details)                    HTML     56K 
87: R73         Intangible Assets, Net (Details 1)                  HTML     43K 
88: R74         Intangible Assets, Net (Details Textual)            HTML     32K 
89: R75         Liabilities to Banks and Others (Details)           HTML     48K 
90: R76         Liabilities to Banks and Others (Details 1)         HTML     51K 
91: R77         Debentures (Details)                                HTML     45K 
92: R78         Debentures (Details 1)                              HTML     48K 
93: R79         Debentures (Details Textual)                        HTML     91K 
94: R80         Employee Option Plans (Details)                     HTML     41K 
95: R81         Employee Option Plans (Details 1)                   HTML     74K 
96: R82         Employee Option Plans (Details 2)                   HTML     67K 
97: R83         Employee Option Plans (Details 3)                   HTML    124K 
98: R84         Employee Option Plans (Details 5)                   HTML     66K 
99: R85         Employee Option Plans (Details Textual)             HTML    110K 
100: R86         Liability in Respect of Capital Lease (Details)     HTML     54K  
101: R87         Commitments and Contingencies (Details)             HTML     46K  
102: R88         Commitments and Contingencies (Details Textual)     HTML    122K  
103: R89         Equity (Details)                                    HTML     37K  
104: R90         Equity (Details Textual)                            HTML     38K  
105: R91         Income Taxes (Details)                              HTML     45K  
106: R92         Income Taxes (Details 1)                            HTML     39K  
107: R93         Income Taxes (Details 2)                            HTML     37K  
108: R94         Income Taxes (Details 3)                            HTML     49K  
109: R95         Income Taxes (Details 4)                            HTML     69K  
110: R96         Income Taxes (Details 5)                            HTML     48K  
111: R97         Income Taxes (Details Textual)                      HTML     93K  
112: R98         Supplementary Financial Statement Information       HTML     47K  
                (Details)                                                        
113: R99         Supplementary Financial Statement Information       HTML     49K  
                (Details 1)                                                      
114: R100        Supplementary Financial Statement Information       HTML     48K  
                (Details 2)                                                      
115: R101        Supplementary Financial Statement Information       HTML     45K  
                (Details 3)                                                      
116: R102        Supplementary Financial Statement Information       HTML     35K  
                (Details 4)                                                      
117: R103        Supplementary Financial Statement Information       HTML     66K  
                (Details 5)                                                      
118: R104        Supplementary Financial Statement Information       HTML     58K  
                (Details 6)                                                      
119: R105        Supplementary Financial Statement Information       HTML     42K  
                (Details 7)                                                      
120: R106        Supplementary Financial Statement Information       HTML     39K  
                (Details 8)                                                      
121: R107        Supplementary Financial Statement Information       HTML     58K  
                (Details 9)                                                      
122: R108        Supplementary Financial Statement Information       HTML     42K  
                (Details Textual)                                                
123: R109        Subsequent Events (Details Textual)                 HTML     37K  
125: XML         IDEA XML File -- Filing Summary                      XML    237K  
124: EXCEL       IDEA Workbook of Financial Reports                  XLSX    157K  
 9: EX-101.INS  XBRL Instance -- forty-20151231                      XML   5.02M 
11: EX-101.CAL  XBRL Calculations -- forty-20151231_cal              XML    276K 
12: EX-101.DEF  XBRL Definitions -- forty-20151231_def               XML   1.65M 
13: EX-101.LAB  XBRL Labels -- forty-20151231_lab                    XML   1.90M 
14: EX-101.PRE  XBRL Presentations -- forty-20151231_pre             XML   1.86M 
10: EX-101.SCH  XBRL Schema -- forty-20151231                        XSD    346K 
126: ZIP         XBRL Zipped Folder -- 0001144204-16-102542-xbrl      Zip    362K  


‘EX-8’   —   Opinion of Counsel re: Tax Matters


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 8

 

List of Subsidiaries

 

Name of Subsidiary   Jurisdiction of Incorporation
     
InSync Staffing Services, Inc.   Delaware
     
Matrix IT Ltd.   Israel
     
Magic Software Enterprises Ltd.   Israel
     
Sapiens International Corporation N.V.   Curaçao
     
TSG Advanced IT Systems, Ltd   Israel

 

 C: 

 

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Filing Submission 0001144204-16-102542   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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