Tax

Police and Tax Authority uncover NIS 50 million laundering scheme in Kafr Kara factory

A joint investigation by Israeli police and the Tax Authority led to the seizure of millions in cash and assets at a Kafr Kara concrete factory linked to a major money laundering ring.

Israeli police investigators from the Lahav 433 unit search a concrete block factory in Kafr Qara suspected of money laundering and tax offenses.
A charity donation box is seen in this illustrative photo taken March 22, 2023

Your Taxes: Israel moves charities online for tax breaks

Tax implications of winning the lottery: What you need to know

AI and Economy.

Your Taxes: AI dos and don’ts


Your Taxes: Israeli accounting bodies should proceed to shake up these matters

The current Israeli judicial crisis is all about checks and balances. Accountants and auditors (as well as judges and lawyers) are part of these checks and balances.

Calculating taxes

How does the EU’s DAC 7 affect Israeli website operators?

Israeli and other non-EU platform operators covering the EU are supposed to report under DAC 7.

Israel Start up

Your Taxes: Israel Tax Authority issued instructions for non-taxation of SAFEs

A SAFE is an agreement whereby an amount of money is invested now in a company in return for shares to be issued later, by which time the shares in the company may be worth more.

Calculating taxes

Labor, city leaders petition Israel's High Court against Arnona Fund

The petition pointed to flaws in how the Fund was approved and the negative effects it may have on Israeli society.

 THE HIGH Court of Justice has been a paper tiger in everything concerning the Netanyahu bloc’s interests, says the writer

Israel is experiencing NGO tax bill deja vu - analysis

 Israeli Finance Minister Bezalel Smotrich is seen pointing downwards at a Religious Zionist Party faction meeting in Jerusalem, on May 1, 2023.

The OECD's Herculean tax task and how it impacts Israel

On February 1, the OECD approved “administrative guidance” that bridged some yawning gaps between the OECD Pillar 2 proposals and US law

Calculating taxes

Yair Lapid offers 2% VAT cut instead of billions in Israeli coalition funds

The purpose of Yair Lapid's conference was to present guidelines for an alternative 2023-2024 Israeli budget, days before the government's budget proposal.

 The Knesset Finance Committee, led by Moshe Gafni, is seen debating the City Tax Fund, in Jerusalem, on May 15, 2023.

Municipality strikes over 'City Tax Fund' to continue until Thursday

The services that were shut down included public preschools, Garbage collection, sanitation services, security services at elementary schools and more

 Chairman of the Federation of Local Authorities and Mayor of Modi'in Haim Bibas and head of the local authorities  attend a protest outside the Prime Minister's Office in Jerusalem, demanding better budgets, February 26, 2023.

What is the Israel gov't proposed 'Arnona Fund?' - analysis

Local Authorities in Israel announced on Sunday that it was going to cease providing municipal services until the Fund is removed from the Economic Arrangements Bill.

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

For Israel, e-commerce tax challenges may lie ahead

The Israeli government has indicated it may soon propose a general reform of Israel’s international tax rules, having regard to OECD and other developments.

 Online shopping illustrative.