Israeli taxes
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.
El Al to distribute first dividend since 2017 after state approval
Your Taxes: New Israeli taxation rule calls for immediate action
Smotrich threatens to double tax on Israeli banks if consumer benefits canceled
Your Taxes: Post-election tax agenda
So what should be on the tax agenda of the next government? We comment below on two potentially major issues: the US GILTI tax and the lack of tax tribunals in Israel.
The Dead Sea Mall is to be the first VAT-free mall outside Eilat
When the project gets underway, the mall will offer a VAT reimbursement counter for tourists – for the first time in Israel – to allow some 3 million tourists who visit the sea each year to save.
YOUR TAXES: What e-commerce sellers into the US need to know
Why is nobody talking about taxes ahead of the elections?
Doron Arbely, the former director general of the Israel Tax Authority and expert on taxation and regulation, fears that Israel's citizens might all be surprised come the day after the elections.
Your Taxes: Revised Israel-UK tax treaty soon
The UK and Israeli governments signed a protocol to amend the income tax treaty between the two countries after Parliamentary and Knesset ratification, expected in around a year.
Tel Aviv restaurants to strike during Eurovision in taxation protest
The strike is being led by "Restaurants Stronger Together," a grassroots, industry-led non-profit with over 1,000 members aiming to unite the sector.
Your taxes: OECD proposals for a digitized economy
Your Taxes: Tax Authority scraping the barrel?
This may be a nightmare scenario – being forced to find and report income and expense documentation going back 7-11 years.
New Law: YOUR TAXES
A gemach is a Jewish freeloan fund which subscribes to the positive Torah commandment regarding lending money (Exodus 22:24).
Your Taxes: Time to opt out of Israel?
As always, consult experienced tax advisers in each country at an early stage in specific cases.
