Israel tax authority

Dozens of millions of dollars in crypto hidden: Suspect entangled in massive case

Joint investigation by Tax Authority and Lahav 433 leads to arrest of suspect in large-scale money laundering and tax offenses. He allegedly hid foreign accounts and used strawmen to disguise assets.

According to the suspicions being examined by investigative authorities, the suspect traded digital currencies on various exchanges without reporting it to the Tax Authority.
New compensation track launched for protection racket victims.

Up to NIS 2 million: New compensation track launched for protection racket victims

A plane, carrying passengers who were on the FlyDubai aircraft bound for Israel from the United Arab Emirates, which was diverted to Saudi Arabia following an emergency signal, arrives at the Ben Gurion International Airport, in Lod, near Tel Aviv, Israel, September 30, 2026.

Israel received full flydubai crew, passenger list prior to takeoff, source tells 'Post'

Finance Minister Bezalel Smotrich attends a ceremony marking the establishment of the new Israeli settlement of Ma’ale Arugot in Gush Etzion, in the West Bank, September 2, 2026.

Businesses damaged through extortion to be assisted by NIS 35 million program backed by Smotrich


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

The Israel Tax Authority has opened an online fast-track option for claims of property damage resulting from Iranian missile strikes, with compensation of up to NIS 30,000 available.

Aftermath of an Iranian ballistic missile attack following impact of missile fragments in central Israel, March 8, 2026

Your Taxes: Israel moves charities online for tax breaks

Starting in 2026, details of each donation reported are immediately stored electronically on the ITA’s system. The donor can access these details online.

A charity donation box is seen in this illustrative photo taken March 22, 2023

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

Lahav 433, Tax Authority arrest seven for suspected extortion, money laundering, tax fraud

Seven members of the Bakri crime organization were arrested following an investigation carried out by multiple law enforcement agencies, including Lahav 433 and the Tax Authority.

Israeli police arrested senior Bakri crime group members and municipal officials in Nazareth overnight in the “Maze of Money” case targeting extortion and money laundering on December 9th, 2025.

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

Your Taxes: Leaving Israel? Leave your pension here

Section 87 seeks to preserve such monies until retirement age (men, age 67, and women, age 64, generally). The penalty for early payout is a 35% tax charge.

Israeli shekel

Your Taxes: OECD tries to fix home-office tax traps

Working abroad sounds simple, but new OECD guidance still leaves major tax risks for Israelis and foreign firms.

 Work from home (illustrative)

Israel pushes to outlaw possession of over NIS 200,000 in cash

Opponents of the move claim that it severely violates privacy and limits economic freedom.

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

Israel considering tax exemption for new immigrants during first two years of residency

The ministry said the reform is part of the state budget presented this week and aims to encourage Aliyah and strengthen integration into Israeli society and the economy.

Finance Minister Bezalel Smotrich at an event held in partnership with Nefesh B’Nefesh. November 6, 2025.

Picking up the pieces: Israelis who lost homes in Iran attack remain traumatized by bureaucracy

The war with Iran may be over, but for victims of missile attacks, the trauma continues.

THE DEVASTATED remains of apartments in Tel Aviv where residents were forbidden from entering to retrieve possessions.