Taxes

Study shows how Israel's economy funnels money to ultra-Orthodox families through benefit programs

The study, titled "On Taxes and Wonders," mapped, for the first time comprehensively, all that Israeli citizens give to the state and all that they receive from it.

Israel’s ultra-Orthodox Jewish sector has been protesting over the attempts to draft young haredi men into the military.
New York City Mayor Zohran Mamdani holds a press conference at the New York City Office of Emergency Management, as a major winter storm spreads across a large swath of the United States, in Brooklyn, New York City, US, January 25, 2026.

Mamdani calls for 2% tax hike on wealthy New Yorkers

 New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021

Ashdod shop owner suspected of laundering money using ATM

 AS THE US and China battle it out over supply chains and global trade flows, Israel, also the subject of US tariffs, finds itself navigating particularly complex terrain. Here, a man looks at a screen showing Chinese stock market movements, as he uses his mobile phone in Beijing on Monday.

Your Taxes: What to consider before any merger and acquisition deal


Your Taxes: Reportable income-tax positions target shelters in US

A reportable income-tax position is a position contrary to a position published by the ITA if the tax advantage exceeds NIS 5 million in the tax year or NIS 10m. over four years.

 Income Tax and Property Tax Department at the Finance Ministry

Your Taxes: Will Israel's proposed property tax crash again?

As Israel introduces new tax breaks for reservists, the government also considers reviving a 1.5% wealth tax on land, targeting property owners in 2026.

 Illustrative image of doing taxes.

Your Taxes: New Israeli taxation rule calls for immediate action

Unfortunately, the trapped profit rules hardly encourage olim who own companies abroad to migrate to Israel.

 Thousands of additional shekels can be saved every year with tax exemption

Bahrain unveils massive reform package to tackle $50 billion debt crisis

The reform package includes higher electricity and water tariffs, with an exception for citizens’ first homes, which will continue to receive subsidized rates up to a specified limit.

BAHRAIN'S MINISTER of Finance and National Economy, Sheikh Salman bin Khalifa al-Khalifa speaks during a financial conference in Manama, Bahrain February 27, 2019.

Smotrich threatens to double tax on Israeli banks if consumer benefits canceled

According to the Finance Ministry, the tax will bring in NIS 1.13 billion in 2026, rising to NIS 1.5 billion each year from 2027 to 2029.

Finance Minister Bezalel Smotrich arrives to a conference of the Israeli newspaper Makor Rishon in Jerusalem, December 25, 2025

Your Taxes: Leaving Israel? Leave your pension here

Section 87 seeks to preserve such monies until retirement age (men, age 67, and women, age 64, generally). The penalty for early payout is a 35% tax charge.

Israeli shekel

Your Taxes: What Israelis should review before tax year closes

The Israel-Hamas War has added to the government’s budgetary needs. So, taxes won’t be cut any time soon.

 Illustrative image of doing taxes.

Your Taxes: OECD tries to fix home-office tax traps

Working abroad sounds simple, but new OECD guidance still leaves major tax risks for Israelis and foreign firms.

 Work from home (illustrative)

Your Investments: Planning after another strong year in the stock market

‘Our prime purpose in this life is to help others. And if you can’t help them, at least don’t hurt them.’ – Dalai Lama

Stock market.

France faces budget crisis as aging population drives spending to 60% of GDP

France once stood out in Europe for its higher birth rate, but that advantage has eroded since the pandemic as the number of children per woman has fallen and retiree numbers climb.

General view of the Notre Dame Cathedral and the river Seine in Paris October 20, 2009