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.

JANUARY 16, 2026|ByLEON HARRIS

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.

JANUARY 9, 2026|ByLEON HARRIS

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

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.

JANUARY 2, 2026|ByLEON HARRIS

BAHRAIN'S MINISTER of Finance and National Economy, Sheikh Salman bin Khalifa al-Khalifa speaks during a financial conference in Manama, Bahrain February 27, 2019.

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.

JANUARY 1, 2026|ByHUDHAIFA EBRAHIM / THE MEDIA LINE

Your Taxes: How to get off tax fines

Israel’s tax authority fines can be heavy, but there are ways to reduce or eliminate them. Here’s how to navigate the process and seek relief.

MAY 9, 2025ByLEON HARRIS

Making aliyah to Israel next year? Here are some tax changes to keep in mind - opinion

Stay informed: Keep up with news of the specific reporting requirements from the Israel Tax Authority.

MAY 6, 2025ByRIFKA LEBOWITZ

THE ISRAEL Tax Authority is apparently interpreting ‘mail’ to include email and downloads from the Internet.

Your Taxes: Happy Independence Day, Start-Up Nation!

The innovative Israeli spirit is tied to the IDF, which teaches Israelis to improvise and get things done.

MAY 2, 2025ByLEON HARRIS

Netanyahu denies pushing tax exemption regulations for Milchan

Netanyahu is suspected of allegedly pushing for several regulatory changes that would have been beneficial to his friend while in a position of power.

APRIL 23, 2025BySARAH BEN-NUN

Prime Minister Benjamin Netanyahu looks on at his criminal trial testimony hearing in the Tel Aviv District Court yesterday.

How Israel caps Palestinian economic growth - analysis

Had Israel's control over the West Bank not occurred in 1967, the Palestinian economy could have been twice its current size – probably even more.

MARCH 30, 2025ByELIAS ZANANIRI/THE MEDIA LINE

Israeli security forces guard while Palestinians make their way through the Israeli Qalandia checkpoint to attend Friday prayers of the holy fasting month of Ramadan in Jerusalem's Al-Aqsa mosque, near the West Bank city of Ramallah on March 21, 2025.

Your Taxes: Charity goes digital

The tax breaks are not changing but the implementation is being upgraded.

MARCH 30, 2025ByLEON HARRIS

Donald Trump: The art of the tax deal

According to Trump’s book, we should always think big, focus on the risks, and maximize our options. Aim high, and keep pushing for what you really want.

MARCH 20, 2025ByLEON HARRIS