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
Returning residents in Israel face financial fuss on taxes
The real estate tax tribunal has just ruled that second-time immigrants don’t always qualify for purchase tax relief on their home in Israel, even if they didn’t get the relief in their first aliyah.
Work vehicles are taxed like luxury vehicles in Israel
The National Labor Court recently ruled employees are taxable in full on the "usage value" of a company vehicle.
Smells fine to me: Liberman cancels fish taxes in Israel
Finance Minister Avigdor Liberman signed on the cancellation of duty fees for the import of fresh, frozen and processed seafood.
Israel hi-tech companies could be getting a big tax break
A bill was published and if enacted, it can further expand Israel's rang of tax breaks for hi-tech companies throughout Israel.
Tax breaks, credit points and bookkeeping - here's what olim need to know - opinion
YOUR TAXES: Most olim know they are exempt from Israeli tax for 10 years on foreign income. The problem is they may still have to pay foreign tax on such income.
Cabinet authorizes to deduct ‘pay for slay’ payments from PA tax money
The Security Cabinet voted to deduct NIS 600 million from taxes for the Palestinian Authority, as long as the PA stops paying terrorists who attacked Israelis.
ITA imposed bank freeze on taxpayer. Only it was ruled defamatory
YOUR TAXES: On March 1, the ITA imposed a bank freeze on the taxpayer’s bank account. The ITA said the freeze had been imposed in good faith.
Transfer-pricing changes for multinational groups - opinion
The amendment grants the director of the Income Tax Authority (ITA) broad new powers to demand information about multinational groups, Israeli and foreign.
Former Mossad head to receive tax refund of NIS 100,000
The tax authority initially refused to grant the application, so a class action lawsuit was filed in March 2018. Shavit's accountant drew his attention to his right to a refund.
Israeli real estate rules target foreigners: Here's how - opinion
YOUR TAXES: Here are three proposals that may impact non-Israeli residents who own residential homes in Israel.