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


Does the day after the war start with the Magna Carta? - opinion

Clearly, Gaza could do with a dose of democracy. Israel does have a democracy but lacks a constitution.

 One of the few surviving copies of the Magna Carta, on sheep’s skin is displayed at an exhibition in Hong Kong.

Tel Aviv Stock Exchange to align trading week with global bourses

The announcement comes as shares have recovered from the October 7 Hamas attack on Israel that pushed the broad Tel Aviv 125 index.

View of the Tel Aviv Stock Exchange. November 29, 2020.

BYD electric car: $20,000 in China, $40,000 in Berlin, $44,000 here

Israelis pay high prices for Chinese electric cars, not just due to taxes, but because the Chinese rely on global subsidies for their domestic market.


Baseball is back - and so is financial optimism

Let’s use optimism, before reality strikes, to get our children on the path to financial independence. It’s a win-win: They become financially secure, and we don’t need to support them.

 Baltimore Orioles starting pitcher Scott Feldman works against the Toronto Blue Jays into the eighth inning to pick up his first win as an Oriole during their MLB American League baseball game in Baltimore, Maryland July 14, 2013.

Your Taxes: How to optimize charity donations for taxes - opinion

In short, donate non-cash assets to the right charity.

Illustrative photo of Israeli money

Your Taxes: Israeli taxation is going higher and higher - opinion

With a war to finance and COVID-19 expenses still lingering, Israeli taxation is going only one way, which isn’t down.

 Illustrative image of doing taxes.

Your Taxes: How to do business in Israel in 2024 - opinion

There is no tax in Israel on estates or inheritances, only on gifts to foreign residents.

Illustrative photo of Israeli money

New bill proposed: Abolish 10-year disclosure exemption for immigrants

Your taxes: Will the ten-year exemption for Olim be in danger next? Apparently not, according to the commentary.

 Illustration of a sign leading to the Tax Authorities offices in Jerusalem.

Israel increases sum planned to deduct from PA taxes, cites 'pay-to-slay' policy

Following pressure from Finance Minister Bezalel Smotrich, the PA's offset will be increased by an additional NIS 21 million.

 Finance Minister Bezalel Smotrich at a press conference, February 14, 2024.

Wartime update: Compensation for property owners, reservists

Compensation and other measures are gradually being extended as the war continues. Here is a partial wartime update.

Apartment for sale in Jerusalem