Israel income tax
Your Taxes: Good news for Israelis with foreign rental income
In 2024, the NII issued Circular No. 1314, stating that it had stopped collecting NII contributions on Israeli residential rental income. But the NII said nothing about foreign rental income.
Your Taxes: Will Trump's building plan bring Israeli tax breaks?
IIA: Hi-tech accounts for 24% of all tax in Israel, 36% of income tax
CBS: Real average wages up 4.4% from last year, down from March
Revisited: Is Zionism tax evasion? - analysis
The moral seems to be: don’t overdo your tax planning. But this was not the finest hour for anyone involved.
What are Israel's reportable tax positions?
If your tax planning is at odds with an ITA position, you must tell them on Form 146 so they know where to start a tax audit.
Inheritance taxation: A great idea or a disaster?
Let us not rush to tax. And to the government we say – think twice!
Israel approves plan to increase net wages for working parents
The approved measures, which will significantly improve the net wages of parents with children six years old and under, are key components of Moshe Kahlon's "Net Family" tax cut plan.
Your Taxes: Deadly deadlines
As always, consult experienced tax advisers in each country at an early stage in specific cases.
Clock ticking on the Tax Authority’s amnesty program
The program gives Israelis the option to voluntarily disclose previously unreported overseas earnings or bank accounts without incurring criminal penalty.
'Israeli-Americans who did not do their tax homework at greater risk of penalties'
FATCA disclosure agreement takes effect, worrying some Israeli-Americans
NIS 8.6 billion reported through voluntary tax disclosure scheme
In September of 2014, the authority launched a voluntary disclosure procedure that would allow Israelis who had failed to report path to come clean without facing criminal charges.
Tax Authority nabs 8,000-person list of Israeli HSBC accounts
Having a Swiss bank account is not illegal in Israel as long as it is reported to authorities and taxes are paid.
Who’s afraid of a minimum wage revolution (and who’s not)?
The reason for the minimum wage increasing twice as much in the US as in Israel is not only to actions of the current Obama administration, but also those of the previous government.