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
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.
Your Taxes: Reportable income-tax positions target shelters in US
A reportable income-tax position is a position contrary to a position published by the ITA if the tax advantage exceeds NIS 5 million in the tax year or NIS 10m. over four years.
El Al to distribute first dividend since 2017 after state approval
El Al has recorded exceptional profitability in recent years, in 2024 the company recorded a record profit of over $500 million
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.
Smotrich threatens to double tax on Israeli banks if consumer benefits canceled
According to the Finance Ministry, the tax will bring in NIS 1.13 billion in 2026, rising to NIS 1.5 billion each year from 2027 to 2029.
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.
Your Taxes: The National Insurance obligations for Israelis overseas - opinion
Relocating abroad? Israel’s National Insurance rules can follow you, with monthly payments and tax rules depending on your job and residency.
Your Taxes: R&D centers are big business for Israel
Israel’s new R&D center tax circular could transform the merger and acquisition strategies of acquiring groups with global revenues of over NIS 10b.
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.
Critical failures in reforms, food security, real estate data systems, state comptroller warns
Israel’s State Comptroller Matanyahu Englman warned Tuesday that government reforms and data systems in key ministries are failing, leaving the economy vulnerable.
