Taxes

Knesset advances bill granting five-year tax exemption to olim, returning residents

Olim, along with returning residents who have lived abroad for at least ten years, will be eligible for the tax exemption.

Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 23, 2026.
Aftermath of an Iranian ballistic missile attack following impact of missile fragments in central Israel, March 8, 2026

Your Taxes: How Israelis can claim fast-track missile damage compensation

Israeli Tech

Your Taxes: What makes Israeli hi-tech tick

“Too many Israeli entrepreneurs make the move without understanding the full cost structure.”

The real cost of leaving: What Israeli founders pay when they incorporate in the US


Your Taxes: Doing business in Israel in 2026

Israel’s tax treaties and the OECD Multilateral Instrument refine these criteria for foreign companies.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

US condemns Hamas after video shows terrorists intimidating, extorting Gazans

According to activist Ahmed Fouad Alkhatib, the clip shows Hamas operatives shutting down small vendors who refused to pay taxes and threatening violence, disappearance, and torture.

Gunmen stand guard at the funeral of Marwan Issa, a senior Hamas deputy military commander who was killed in an Israeli airstrike during the conflict between Israel and Hamas, amid a ceasefire between Israel and Hamas, in the central Gaza Strip, February 7, 2025.

Business owners protest at Knesset as Smotrich raises Israel's import tax exemption

The government approved Smotrich's order on Sunday and is expected to be finalized through a vote in the Knesset plenum on Monday evening.

Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 16, 2026.

Study shows how Israel's economy funnels money to ultra-Orthodox families through benefit programs

The study, titled "On Taxes and Wonders," mapped, for the first time comprehensively, all that Israeli citizens give to the state and all that they receive from it.

Israel’s ultra-Orthodox Jewish sector has been protesting over the attempts to draft young haredi men into the military.

Mamdani calls for 2% tax hike on wealthy New Yorkers

The New York City mayor claimed that increasing taxes by 2% on those earning more than a million dollars per year would resolve nearly half of the city's budget deficit.

New York City Mayor Zohran Mamdani holds a press conference at the New York City Office of Emergency Management, as a major winter storm spreads across a large swath of the United States, in Brooklyn, New York City, US, January 25, 2026.

Ashdod shop owner suspected of laundering money using ATM

According police, income from cash sales at the store, which was concealed from the tax authorities, was laundered through the suspect's bank accounts by depositing the cash into an ATM at the store

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

Your Taxes: What to consider before any merger and acquisition deal

Mergers and acquisition deals tend to be 10% economic, 10% tax, 10% legal, and 70% psychological. The “smell of the money” affects people’s behavior in many deals.

 AS THE US and China battle it out over supply chains and global trade flows, Israel, also the subject of US tariffs, finds itself navigating particularly complex terrain. Here, a man looks at a screen showing Chinese stock market movements, as he uses his mobile phone in Beijing on Monday.

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.

 Income Tax and Property Tax Department at the Finance Ministry

Your Taxes: Will Israel's proposed property tax crash again?

As Israel introduces new tax breaks for reservists, the government also considers reviving a 1.5% wealth tax on land, targeting property owners in 2026.

 Illustrative image of doing taxes.

Your Taxes: New Israeli taxation rule calls for immediate action

Unfortunately, the trapped profit rules hardly encourage olim who own companies abroad to migrate to Israel.

 Thousands of additional shekels can be saved every year with tax exemption