tax

Food chain surprises: "We will absorb the VAT increase"

Carrefour announced it will absorb the VAT increase on 1,700 private label products, including food, pharmaceuticals, toiletries, and fresh meat, chicken, and fish.

By LIAT RON/WALLA
08/01/2025
A shop opens at Agripas street in Jerusalem next to the Machane Yehuda market

Freelancers ask central bank to cut interest rate, help businesses near bankruptcy

The forum emphasized that a rate cut could help mitigate some of the increased costs that freelancers and business owners are expected to face in 2025.

05/01/2025

Key gov’t tax bill in danger after Otzma Yehudit, Agudat Yisrael threaten to vote against

Bill must pass by end of year; expected to create over NIS 9 billion national income in 2025.

VAT in Israel is going up

Your Taxes: The rules are complex. We all need to prepare.

By LEON HARRIS
20/12/2024

Tax Authority confirms higher vehicle tax rates for 2025

Alongside the adjustment to purchase tax on electric vehicles, all gasoline, diesel, hybrid, and plug-in hybrid vehicles will become more expensive.

By DUBI BEN-GEDALYAHU/GLOBES/TNS
15/12/2024

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

State to open VAT-free store at Ramon Airport

The Israel Airports Authority issued a tender for a VAT-free store at Eilat Airport, where 25% of Israel’s mobile phones are sold. The VAT hike next year will increase the city's appeal.

By UDI ETZION/WALLA!
27/11/2024

Air for NIS 40? Italy finds another way to scam tourists

While you're taking selfies at Lake Como, others are packing its air into cans and selling it for NIS 40. This new venture causing a stir in Italy proves that there’s a buyer for everything.

By MEITAL SHARABI/MAARIV
10/11/2024
 China Gold Imports Slump as New Tax Rule Looms

China Gold Imports Slump as New Tax Rule Looms

Gold traders divert shipments from China as proposed customs rule threatens hefty new taxes on imports. September volumes hit 6-month low. Peru copper supplies at risk

By ERAN TAL
24/10/2024

Trump proposes key tax break for US citizens living abroad, pledges to end double taxation

Trump's proposal could simplify tax obligations for US citizens abroad, addressing the complexities they currently face.

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