Shai Aharonovich

The Tax Authority is promoting a smart system where businesses will transfer VAT to the state at the moment of payment, aiming to reduce bureaucracy and combat fictitious invoices. The move is expected to inject billions into public coffers. Meanwhile, the Treasury warns that VAT may rise to 19% in 2027.

The Israel Tax Authority is launching a major reform to grant non-profit organizations greater financial flexibility, stability, and modern management tools, acknowledging their central role in civil society.