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.
Your Taxes: Will Israel's proposed property tax crash again?
Your Taxes: New Israeli taxation rule calls for immediate action
Bahrain unveils massive reform package to tackle $50 billion debt crisis
Smotrich threatens to double tax on Israeli banks if consumer benefits canceled
According to the Finance Ministry, the tax will bring in NIS 1.13 billion in 2026, rising to NIS 1.5 billion each year from 2027 to 2029.
Your Taxes: Leaving Israel? Leave your pension here
Section 87 seeks to preserve such monies until retirement age (men, age 67, and women, age 64, generally). The penalty for early payout is a 35% tax charge.
Your Taxes: What Israelis should review before tax year closes
The Israel-Hamas War has added to the government’s budgetary needs. So, taxes won’t be cut any time soon.
Your Taxes: OECD tries to fix home-office tax traps
Working abroad sounds simple, but new OECD guidance still leaves major tax risks for Israelis and foreign firms.
Your Investments: Planning after another strong year in the stock market
‘Our prime purpose in this life is to help others. And if you can’t help them, at least don’t hurt them.’ – Dalai Lama
France faces budget crisis as aging population drives spending to 60% of GDP
France once stood out in Europe for its higher birth rate, but that advantage has eroded since the pandemic as the number of children per woman has fallen and retiree numbers climb.
FBI Director Kash Patel faces intensifying criticism after girlfriend reportedly used FBI jet
In previous months, Patel has come under fire for seemingly allowing his girlfriend, Alexis Wilkins, to use an official FBI airplane to travel to her shows.
Your Taxes: R&D centers are big business for Israel
Israel’s new R&D center tax circular could transform the merger and acquisition strategies of acquiring groups with global revenues of over NIS 10b.
Israel pushes to outlaw possession of over NIS 200,000 in cash
Opponents of the move claim that it severely violates privacy and limits economic freedom.
Your Taxes: Beware of ‘trapped profits’ taxation in international cases
Trapped profits refer to undistributed profits on which “only” 23% company tax was paid. In many cases, the profits were plowed back into the business of the company concerned.
US Pres. Donald Trump committed to $2,000 tariff payoff, warns US faces 'economic disaster'
Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs.
