Taxes

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.
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.

Mamdani calls for 2% tax hike on wealthy New Yorkers

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

Ashdod shop owner suspected of laundering money using ATM

 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: What to consider before any merger and acquisition deal


IDF reservists may see municipality tax issue resolved, Hitorerut says

Due to reserve duty, the income of some soldiers saw a significant rise since it was calculated based on the temporary remuneration granted to them by the IDF instead of their usual income. 

 IDF soldiers operating in southern Lebanon, October 13, 2024.

Thinking about leaving Israel? Everything you need to know about relocation and finances

Many who leave Israel or plan to do so might not be aware that emigrating from Israel for a long period carries legal and financial implications.

 Passengers at the Ben Gurion International airport near Tel Aviv on June 9, 2024

G20’s wealth tax ambition: Will governments use the ultra-rich's money wisely?

The G20 proposes higher taxes on the ultra-wealthy, but questions remain about fairness, government spending, and the impact on philanthropy, investments, and pensions.

 Flags G20 membership , Concept of the G20 summit or meeting, G20 countries , Group of Twenty members, 3d illustration and 3d work

Navigating getting your money into Israel as a new immigrant

The red flags are best avoided. Cooperation with bank questions is more likely to free up your money than suing the bank.

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

Important developments for US citizens living in Israel - opinion

The US and Israel have instituted new legislation on the topics of investments, taxes, and real estate.

 Adv. Osher Felicia Haleli, a Partner in the law firm Shibolet & Co.

Your Taxes: Withdrawals from savings - opinion

The Israeli government has amended tax laws to allow backdated pension contributions and early withdrawals from study funds due to the war.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Why Wiz walked away from Google's $23 billion deal

Your taxes: In this case, Google had a cash pile of more than $110b. and presumably wanted Wiz and its cloud security technology to help stay ahead. But Wiz has other options, such as an IPO.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Assessing the impact of a second Trump presidency on US and Israel

A second Trump presidency could transform the American economy while bolstering Israel's regional ties through expanded diplomacy. However, plenty of challenges could undermine this hope.

 Republican presidential nominee and former president Donald Trump stands with Senator J.D. Vance, the Republican vice presidential nominee, at an election rally in Grand Rapids, Michigan, last weekend.

How to disprove a wrongful tax evasion accusation

Your Taxes: Businesses should always have a commercial rationale for their acts.

Calculating taxes

Your Taxes: The end of cost plus in Israel? - opinion

The Israeli Tax Authority (ITA) has just won a significant victory in the District Court against the use of the “cost plus” basis of compensation.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)