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.

 Illustrative image of doing taxes.
 Income Tax and Property Tax Department at the Finance Ministry

Your Taxes: Does Israel need to tax billionaires?

Passengers at Ben Gurion Airport.

Your Taxes: Don’t mix up the red and green channels at Ben-Gurion Airport

LUCAS drone (illustrative).

Trump announces steep tariffs on drones, citing US reliance on foreign suppliers


Your Taxes: Trump’s tax amnesty raises questions for Israeli taxpayers

Trump’s tax settlement casts a spotlight on Israel’s tax amnesty program, its limits, and the risks facing taxpayers without full documentation.

 U.S. President Donald Trump speaks during the annual National Prayer Breakfast at the U.S. Capitol in Washington, U.S., February 6, 2025.

Your Taxes: How California’s new software tax may hit Israeli tech companies

California Gov. Newsom proposes expanding the state’s 7.25% sales tax to pre-written software, potentially impacting Israeli and other foreign software companies starting 2027.

 Illustrative of the US and California state flags.

Your Taxes: How Israel’s new war compensation system works

The new law is complex. In practice, an accountant typically enters data into the ITA system, and it crunches the numbers. 

An illustrative image of New Israeli Shekels in a wallet.

Man indicted for illegally operating dental clinic in Rishon Lezion for nine years

Vitaly Rokhlenko was operating the clinic without authorization or a license to practice dentistry; he only held a dental technician practical license.

Dental Care.

Your Taxes: So you want to acquire an Israeli company?

Over the past year, Google acquired Wiz for $32b., Palo Alto Networks acquired CyberArk for around $25b, and there were many smaller deals.

 Illustration of  Israeli shekels, September 24, 2023

Your Taxes: The budget’s tax breaks

Olim already enjoy a 10-year Israeli tax holiday for foreign-source income and capital gains. Starting January 1, 2026, olim may also be exempt from Israeli tax on Israeli-source income.

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

Your Taxes: You can't have your matzah and eat it, too

Israel's Supreme Court rules that if you enjoy employee share/share option tax breaks, you don’t receive others.

Calculating taxes

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: What makes Israeli hi-tech tick

Venture capital (VC) funds provide capital, education, and financial discipline to clever young geeks. The Israel Innovation Authority (IIA) provides R&D grants.

Israeli Tech

Business owners protest at Knesset as Smotrich raises Israel's import tax exemption

The government approved Smotrich's order on Sunday and is expected to be finalized through a vote in the Knesset plenum on Monday evening.

Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 16, 2026.