Taxes

An Ashdod resident was sentenced to 34 months in prison and fined 500,000 shekels for smuggling over 10 million cigarettes from the UAE, evading massive customs taxes.

Madlan data reveals that the median time to sell an apartment in Israel has reached a record 103 days, with sellers increasingly forced to offer discounts and navigate strict tax deadlines.

The Israeli Ministry of Finance is reviewing tax benefits for plug-in hybrid vehicles amid surging corporate fleet sales, while major local auto importers expand into renewable energy projects.

Economic Party leader Yaron Zelecha unveiled an election platform centered on sweeping tax cuts, deregulation, and breaking up monopolies, conditioning any coalition entry on becoming Minister of Finance.

CPA Yoram Shifer outlines crucial year-end tax strategies for 2026, helping employees and self-employed individuals maximize deductions, pension contributions, and refunds before December 31.

Tax Authority Director Shay Aharonovich warned at a Tel Aviv conference that 2027-2028 will face deep fiscal challenges due to defense spending, calling for structural tax reforms rather than VAT hikes.

IDF demobilization brings freedom but also hidden financial obligations. Discharged soldiers must actively manage National Insurance, pension savings, tax credits, and health fund memberships to avoid unexpected debts.

Israel's 182.5 billion shekel Gush Dan Metro project has accumulated 2.8 billion shekels, with the newly introduced metro tax yielding just 45 million shekels so far amid warnings of funding gaps.

Israel's economy increasingly relies on tech giant Nvidia, which has bolstered GDP, cut debt, and lowered the projected 2025 deficit to 4% despite wartime spending pressures.

Indigo Finance analyzes household finances by examining past tax overpayments, loan structures, mortgages, and insurance policies to optimize cash flow and long-term costs.

The Ministry of Finance is considering a full capital gains tax exemption for high-tech entrepreneurs, mirroring the U.S. QSBS model to prevent brain drain and company flight abroad.

Israel's state tax revenues surged 13.3% to ₪443.7 billion in the first nine months of the year, significantly narrowing the budget deficit while civilian ministry spending remained virtually unchanged.

A single ticket holder won a massive 64 million NIS Double Lotto jackpot, netting roughly 38.44 million NIS after taxes following ten consecutive drawings.

A 2-room apartment in Haifa featuring a massive 63-square-meter terrace has sold for 1.55 million NIS. Appraisers note the price reflects a reasonable 25,000 NIS per square meter for the prime location.

Jerusalem's luxury real estate market defies economic slowdown with four major transactions totaling nearly 100 million shekels, led by a 30.43 million shekel apartment sale.

Meta has saved billions using a 1980s tax law for AI data centers, but faces major IRS risks and a historic $16 billion tax dispute.

The IRS is moving to close a massive tax loophole used by hedge funds to convert investment losses into ordinary income deductions for America's elite, threatening retroactive enforcement.

Global tourist destinations are raising lodging taxes, entrance fees, and surcharges to combat overtourism. Cities like Amsterdam, Venice, and Barcelona lead the trend with steep price hikes.

A financial analysis explores whether 60-year-old working Israelis should draw their pension immediately or wait until age 67, factoring in taxation, net income, and life expectancy.

Thousands of New York City property owners and renters face soaring property taxes and maintenance fees as long-standing residential tax abatements expire through 2030.

The Supreme Court ordered Eli Kahana to pay 75,000 NIS in costs over harsh legal language targeting a district judge, while ruling that a non-compete payment constitutes revenue income.

Aviation fees at Israeli airports are set to rise in 2027, driven by CPI updates and exchange rate fluctuations, which may lead to higher ticket prices for passengers.

The Haifa District Court ordered Kiryat Ata to amend an arnona order after ruling a nursery's 250% tax hike discriminatory. The annual bill had surged from 31,000 to 4.85 million shekels.

A fact-check confirms Naftali Bennett's claim that non-haredi Jewish families pay 6,000 NIS more in taxes than they receive, while haredi families receive 4,000 NIS more than they pay.

OnlyFans creator Kylie Perez, known as Natalie Monroe, was sentenced to 12 months in federal prison for evading over $1.5 million in taxes on millions in earnings.

Israel's real estate market faces a severe three-year slump, with second-hand transactions plunging and brokers warning of a silent economic collapse across related industries.

South Korean parents are rapidly gifting crypto to minor children, seeing a 2.7-fold surge to 4.03 billion won amid upcoming 2027 tax regulations and tighter monitoring.

Everything you need to know before opening the shutters: from registration with the authorities, licensing and taxation to recruiting employees and choosing the right field — this is how you will establish a business in the center of the country on a stable basis and with high chances of success.

With the submission of the Finance Ministry's arbitration committee recommendations, most headlines focused on the bad news for pensioners. However, an in-depth analysis of the numbers and data reveals a much more complex picture. When will the changes take effect, what is the "tax trap" that will be abolished, and what are the three positive pieces of news that no one is talking about?

Shay Aharonovich warns that the compensation fund is about to run out, and revealed that the Tax Authority is examining a series of dramatic moves, including imposing property tax, taxing advanced study funds (karanot hishtalmut), and a mandatory reporting requirement on rent that alone would bring in about 1.5 billion shekels a year.

New regulatory initiatives in Israel are making it easier to handle crypto, but there is no automatic approval for transferring profits to a bank account. Transparency and complete documentation remain the key requirements for banks.

After winning the grand finale of Power Couple and taking home a cash prize of hundreds of thousands of shekels, the couple will have to part with a significant portion of the amount due to Israel's tax laws.

Ronit Ashed Levi, CEO of Africa Israel Residences, identified the three main barriers to lowering housing costs in Israel: taxation, bureaucracy, and uncertainty.

Startup Entitle sold its intellectual property to its parent company BeyondTrust for 124 million shekels. The company is expected to pay approximately 29 million shekels in taxes on the transfer.

Senior venture capital investor Oren Zeev criticizes the trend of incorporating startups in Israel, warning that choosing the US (Delaware) over Israel can save founders millions in taxes and avoid critical regulatory risks.

The classification is determined by turnover, and profit remains outside the calculation. With private clients, the exempt status leaves more in the pocket, while with businesses, the licensed status allows for input tax recovery.

Creating a digital currency has become simple and inexpensive, but the resulting profits are now firmly on the authorities' radar. South Korea is leading the way in tracking unreported crypto activity to ensure tax compliance.

Ending employment is sometimes accompanied by receiving a retirement grant or a large sum of money. Apparently, this is money subject to tax of up to 50%, but under certain conditions you can save tens of thousands of shekels net. This is how the "tax spreading" method works.

Employees who finish a period of employment and receive large grants at once can use a special mechanism that will prevent the payment of a marginal tax of up to 50 percent, but one mistake in planning could cost dearly.

Two credit points for 36 months are worth up to 5,808 shekels annually, but many discharged soldiers fail to utilize them because their initial income is below the tax threshold. Significant overpayments often occur due to lack of tax coordination between multiple jobs, but these funds can be reclaimed for up to six years.

Selling shares after moving between countries can lead to complex tax consequences. The Israeli Tax Authority considers not only the exit date but the entire history of asset ownership, including periods of residency and tax exemptions.

For every shekel deposited into pension savings, the state returns a portion through two completely different mechanisms: a credit (zikuy) under Section 45a, which reduces the tax itself, and a deduction (nikuy) under Section 47, which reduces the taxable income. The guide explains the difference, shows a full calculation of how much a self-employed person saves on an income of 280,000 shekels...

The Ministry of Finance is promoting a series of tax measures in the automotive sector for the post-election period to address the state budget deficit. The regulations are expected to focus on alternative-propulsion vehicles, which are projected to significantly reduce state fuel tax revenues.

At the beginning of the month, it was reported that the Tax Authority is examining a change in the taxation model for options for high-tech employees, and the head of the Tax Authority expressed support for the initiative. However, it now turns out that senior officials in the Ministry of Finance are strongly opposed to the initiative: "The last thing we need right now is to burden high-tech...

Henry Shaul Schwarzbaum requested that profits from the sale of Applied Materials shares, received via options, be taxed at a rate of 25%. However, the District Court rejected his claim, ruling that the marginal tax rate must apply, as demanded by the tax assessor. The judge noted that Schwarzbaum benefited from the tax deferral under the agreement and cannot now disavow its terms.

Those planning to work temporarily during the election period will benefit from a special tax arrangement: how much will be withheld, who is exempt, and why tax coordination is not required.

The US Treasury Department has introduced new tax regulations aimed at preventing illegal immigrants from accessing taxpayer-funded benefits. Treasury Secretary Scott Bessent stated that the move is expected to save $3 billion, with nearly one million individuals potentially losing eligibility for tax refunds.

An investment apartment can provide rent and appreciation, but requires high capital, maintenance, and taxation. Investing in a stock portfolio provides liquidity and good returns over time, but taxation on profits is higher.

As AI company valuations soar, concerns over environmental impact and lack of job creation have prompted US states to impose new taxes and construction bans on data centers.

China is set to impose its first tax on lithium-ion batteries and solar cells in a decade. Starting in September 2026, a 2% purchase tax will be applied, rising to 4% a year later, potentially impacting global prices for energy storage and electric vehicles.