israel tax authority

A long-overdue reform: New Osek Zair will help Israel’s small businesses thrive

For small business owners, the Osek Za’ir is an opportunity to save time, reduce costs, and focus on contributing to Israel’s economy.

By RIFKA LEBOWITZ
04/12/2024
Calculating taxes

Your Taxes: Charity and Squatting

While we wait for the Israeli 2025 budget to pass, here is some other Israeli tax news.

By LEON HARRIS
18/11/2024

Preparing for TAMA 38? Key clarification issued by the tax authority

The Tax Authority clarifies: homeowners in TAMA 38 projects can purchase construction services from developers for unsold building rights without it being considered a taxable real estate transaction

Port of Ashdod

'Jack Sparrow': Undercover operation leads to arrest of dozens in Ashdod port smuggling ring bust

Police specified that for 4.5 years, an undercover police agent, dubbed "Jack Sparrow," had been operating under the guise of a customs agent at the port.

10/09/2024

Navigating getting your money into Israel as a new immigrant

The red flags are best avoided. Cooperation with bank questions is more likely to free up your money than suing the bank.

By LEON HARRIS
05/09/2024

Reduced tax rate for early training fund withdrawals until year-end

Tax Authority offers reduced tax rate of up to 15% for early withdrawals from training funds until year-end, aiming to assist households during challenging times.

By WALLA!
09/07/2024
Calculating taxes

How to disprove a wrongful tax evasion accusation

Your Taxes: Businesses should always have a commercial rationale for their acts.

By LEON HARRIS
21/06/2024

Your taxes: Paying tax on bitcoin and other virtual currency profits

The Israeli Tax Authority has developed a new procedure for the good guys to pay tax on their virtual currency gains.

By LEON HARRIS
21/04/2024

What to remember for inheritance and gift planning for Israeli-US citizens

Your taxes: For US citizens living in Israel, the complexity of estate planning is compounded by the need to navigate both US and Israeli tax laws.

By YAAKOV JACOB
22/03/2024

Israel's Tax Authority lost a major showdown. Here's what happened

YOUR TAXES: US, Canadian and UK donors, and their heirs, may want to check out the potential estate tax planning possibilities arising from this case.

By LEON HARRIS
03/02/2024
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