tax

What is the Israel gov't proposed 'Arnona Fund?' - analysis

Local Authorities in Israel announced on Sunday that it was going to cease providing municipal services until the Fund is removed from the Economic Arrangements Bill.

For Israel, e-commerce tax challenges may lie ahead

The Israeli government has indicated it may soon propose a general reform of Israel’s international tax rules, having regard to OECD and other developments.

By LEON HARRIS
13/05/2023

Which exchange rate applies to an M&A deal?

Many M&A deals are denominated in foreign currency, but Israeli tax reporting is done in shekels.

By LEON HARRIS
06/05/2023

Doing business in Israel: How to make money and keep most of it

Israeli tax revenues amounted to 32.2% of GDP in 2021, which was better than the OECD average of 34.1%. You are probably doing taxable business in Israel if you conduct business here.

By LEON HARRIS
22/04/2023
Calculating taxes

What it’s like doing business in Israel in 2023

Your taxes: You are probably doing taxable business in Israel if you conduct business activities in Israel or operate in Israel via an agent who can commit you. Here's what you need to know

By LEON HARRIS
08/04/2023

WeWork adopts shareholder rights plan to protect ability to reduce future tax bills

WeWork struck deals to cut debt by about $1.5 billion and extend the date of some maturities in a bid to preserve cash.

By REUTERS
07/04/2023

Smotrich cancels soda tax, while diabetes looms large in Israel

The Finance Minister’s cancellation of a recent tax on sugary drinks marks a step backward in Israel’s struggle against diabetes.

VAT exemption for online shopping gains support amid cost of living crisis

As part of the steps required to curb the cost of living in Israel, the State Comptroller recommended expanding the VAT exemption for internet shopping from abroad.

By LIOR NOVIK/MAARIV
15/03/2023

Financial uncertainty doesn't bode well for global business - opinion

Until now, most tax treaties are bilateral and not multilateral. MoMA doesn’t actually prescribe anything new, but it presents current “best” practice for resolving multilateral tax disputes

By LEON HARRIS
11/03/2023

Western Wall NFT creators suspected of large-scale tax evasion

The investigation revealed that the suspects have sold 1,700 works since 2021 and obtained 620 Ethereum in payment which is equivalent to approximately NIS 8m.

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