Israeli taxes
Your Taxes: Israeli property flip ends with a costly VAT lesson
A recent Israeli court ruling offers a costly lesson for property investors: recovering VAT when buying a property can create a much larger VAT bill when plans change.
Your Taxes: Does Israel need to tax billionaires?
Your Taxes: Don’t mix up the red and green channels at Ben-Gurion Airport
Trump announces steep tariffs on drones, citing US reliance on foreign suppliers
Cabinet authorizes to deduct ‘pay for slay’ payments from PA tax money
The Security Cabinet voted to deduct NIS 600 million from taxes for the Palestinian Authority, as long as the PA stops paying terrorists who attacked Israelis.
ITA imposed bank freeze on taxpayer. Only it was ruled defamatory
YOUR TAXES: On March 1, the ITA imposed a bank freeze on the taxpayer’s bank account. The ITA said the freeze had been imposed in good faith.
Transfer-pricing changes for multinational groups - opinion
The amendment grants the director of the Income Tax Authority (ITA) broad new powers to demand information about multinational groups, Israeli and foreign.
Former Mossad head to receive tax refund of NIS 100,000
The tax authority initially refused to grant the application, so a class action lawsuit was filed in March 2018. Shavit's accountant drew his attention to his right to a refund.
Israeli real estate rules target foreigners: Here's how - opinion
YOUR TAXES: Here are three proposals that may impact non-Israeli residents who own residential homes in Israel.
Israeli financial solution for freelancers, debuts tax toolkit
New tools to enable millions of freelancers to avoid overpaying 2022 taxes and accruing penalties.
Bill to increase tax deductions for new olim passes Finance Committee
The bill, which still needs to pass three votes in the Knesset plenum, will add to the sum of the deduction that olim are entitled to, as well as lengthen eligibility from 42 to 54 months.
Israeli Treasury considers easing regulations on parallel car imports
Israel's vehicle market was opened up to parallel imports in 2016 when a law on the subject was enacted.
Pandora Papers: Watchdog asks A-G to probe MK Nir Barkat on involvement
The Pandora Papers revealed that Barkat transferred shares in several companies to his brother Eli Barkat when he was elected to the Knesset and invested in a large company registered in a tax haven.
Tax Authority holds up refunds with sudden change in bank account policy
Thousands of business owners received a message simply stating that "bank account details for refunds were missing and the details should be updated."
