Israel tax authority
Knesset advances bill granting five-year tax exemption to olim, returning residents
Olim, along with returning residents who have lived abroad for at least ten years, will be eligible for the tax exemption.
Your Taxes: How Israelis can claim fast-track missile damage compensation
Your Taxes: Israel moves charities online for tax breaks
Ashdod shop owner suspected of laundering money using ATM
The great international tax reform – Part 3 miscellaneous - opinion
Below we briefly review proposed miscellaneous measures. Other proposals for companies and individuals were outlined in earlier articles.
What are Israel's new COVID-19 accelerated depreciation rules? - opinion
The aim of the accelerated depreciation regulations is to encourage investment in the Israeli economy.
Making a bad investment on another's behalf: Whose loss is it? - opinion
By not reporting the first investment on the first capital declaration, the taxpayer forfeited the right to later claim a loss on that investment.
Who is an Israeli resident for tax purposes? - opinion
The question of who is a resident is multi-faceted. Don’t expect the ITA to agree with you without a high majority of the factors supporting your claim.
Businesses near Gaza to be compensated for indirect costs caused by war
Businesses within 40 kilometers of the Gaza border can choose if they prefer to be compensated through a calculation based on lost turnover or lost wages.
Tax Authority didn’t do its homework on residency - opinion
This was a capital gains tax case that hinged on the residency of the taxpayer.
Tax Authority holds up refunds with sudden change in bank account policy
Thousands of business owners received a message simply stating that "bank account details for refunds were missing and the details should be updated."
What are Israel's 'tax traps' for gifts, inheritance?
A transfer of an asset, whether as a gift or inheritance, to an Israeli resident recipient is not subject to Israeli taxation.
Stock option recharge damage control - opinion
Who pays for hi-tech stock options?
How to dramatically improve Israeli tax administration - opinion
In most countries, tax law amendments accompany the annual government budget process. In Israel, the budgetary process is stalled for political reasons.