Israeli taxes

Lawyer claimed disability residency status to save NIS 450,000 on property taxes

Rafael Yitzhak was released under restrictive conditions while authorities investigate suspected property tax fraud worth NIS 450,000.

House and calculator [Illustrative].
Yitzhak Goldknopf

Discussion on Goldknopf’s proposal to lower VAT postponed by two weeks

Bezalel Smotrich

The Association for Civil Rights petitions against the tax benefits law for settlements

Fiance Minsiter Bezalel Smotrich and members of the Religious Zionist Party as Knesset passes law for West Bank settlements to receive tax benefits.

Knesset approves tax benefits for West Bank settlements amid opposition criticism


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.

Calculating taxes

Tax Authority working to help Holocaust survivors exercise tax benefits

Some 70% of the affected survivors had not filed any reports or requests for tax returns.

Polish-born Holocaust survivor Meyer Hack shows his prisoner number tattooed on his arm during a news conference at the Yad Vashem Holocaust Museum in Jerusalem June 15, 2009.

How are bank loan payments being postponed due to coronavius?

A bank program is intended to help borrowers facing cash flow difficulties caused by the corona crisis, while helping the banks manage their risks.

Calculating taxes

Your taxes: Corona business update

Claim at the relevant governmental (usually the Israel Tax Authority) website and give your bank account details, otherwise you might miss out. Delays are occurring. Mistakes can now be appealed.

Calculating taxes

Your Taxes: GILTI regulations are a big win for small businesses

A bank employee counts Israeli Shekel notes for the camera at a bank branch in Tel Aviv

The politics of musical chairs and job placements

I’m torn between trying to remember who is minister of what and taking bets on how long any of them will remain in their posts.

PRIME MINISTER Benjamin Netanyahu greets Blue and White leader Benny Gantz at the Knesset after the government was inaugurated on May 17

Financial fraud still happens. How can it be overcome?

The Financial Action Task Force has identified common problems and has suggested solutions.

‘IT CAN be off-putting and cumbersome to be asked for money in various social settings, even if it is for an objectively good cause.’

Your Taxes: What a shame it’s a sham

The founders of Israeli tech companies dream of their shares being acquired at a big gain by a multinational on which they pay tax.

US tax form (illustrative)

Your Taxes: Brexiting to Israel

The Brexit breakdown may drive some Brits to contemplate aliyah. Israel grants a 10-year tax holiday on foreign income for new immigrants, but homework is needed as exemplified below.

An Israel Shekel note

Your Taxes: Is offshore still an option?

The OECD has just published a report on which offshore locations have changed their ways.

Approximately 170,000 Americans live in Israel. In total, more than one million U.S. citizens and green card holders – who both live overseas and own more than 10% of a foreign corporation – faced the prospect of paying the tax.