Taxes
Your Taxes: New Israeli rules could save US olim money and affect businesses
The Israeli National Insurance Law has been amended, while most Israeli businesses must now obtain an “Israel Invoice” allocation number.
Nvidia, Google ask to pay Israel taxes in dollars as shekel gains
Israel Tax Authority official questioned by Lahav 433 over alleged privacy, misconduct offenses
Your Taxes: Trump’s tax amnesty raises questions for Israeli taxpayers
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.
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.
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.
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.
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
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.
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?
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.
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.
Bahrain unveils massive reform package to tackle $50 billion debt crisis
The reform package includes higher electricity and water tariffs, with an exception for citizens’ first homes, which will continue to receive subsidized rates up to a specified limit.