Taxes

VAT on reinsurance transactions and overseas loans

In a panel led by Gal Greenberg of KPMG Israel, VAT Director David Shilon revealed that the Tax Authority considered expanding VAT rules under a legislative amendment to cover additional sectors.

Chen Schreiber.
A general view of the the Magistrate's Court in Rishon LeZion on October 28, 2020.

Ability Industries, two officials indicted in NIS 35m. defense-export case

House and calculator [Illustrative].

Lawyer claimed disability residency status to save NIS 450,000 on property taxes

Bezalel Smotrich

The Association for Civil Rights petitions against the tax benefits law for settlements


Your Taxes: OECD, G20 launch plan to expose untaxed real estate funds and income

A new OECD initiative aims to close real estate loopholes, exposing untaxed funds, rental income, and capital gains. This could affect anyone with global property investments.

 A WOMAN withdraws money from a Bank Hapoalim ATM in Tel Aviv in March.

Finance Ministry’s relief loan to Israel’s small, medium businesses: How does it work? - explainer

The ministry announced a relief fund for small businesses with up to NIS 25 million in annual turnover, and additional help to medium businesses.

Finance Minister Bezalel Smotrich speaks at the Knesset plenum ahead of the 2026 state budget vote, March 30, 2026.

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

Redomestication: How businesses are escaping California, New York, and Washington State

“Businesses are relocating from high-tax states to Florida and Texas”

Your Taxes: Good news for Israelis with foreign rental income

In 2024, the NII issued Circular No. 1314, stating that it had stopped collecting NII contributions on Israeli residential rental income. But the NII said nothing about foreign rental income.

Gavel [Illustrative]

Knesset advances bill granting five-year tax exemption to olim, returning residents

Olim, along with returning residents who have lived abroad for at least ten years, will be eligible for the tax exemption.

Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 23, 2026.

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

The real cost of leaving: What Israeli founders pay when they incorporate in the US

“Too many Israeli entrepreneurs make the move without understanding the full cost structure.”

Your Taxes: Doing business in Israel in 2026

Israel’s tax treaties and the OECD Multilateral Instrument refine these criteria for foreign companies.

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