The tax authority continues to plan sanctions to push real estate investors out, claiming this will help young buyers. But when taxes rise to cover war deficits, young people will pay the price.
As always, consult experienced tax advisors in each country at an early stage in specific cases.
Israel's adherence to ineffective systems without regulation could lead to a dangerous cycle.
Consumer Protection Authority to fine FedEx for unauthorized charges on overseas orders to Israel; FedEx denies claims contradicting consumer laws.
New Zealand triples its tourist tax to cover environmental costs, raising concerns in the tourism industry about global competitiveness.
To attract more individuals to migrate, the finance minister has introduced a new tax relief that lowers the purchase tax rates for residential property transactions involving new immigrants.
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.
Since the Hamas-led attack on Israel on October 7, Israeli Finance Minister Bezalel Smotrich has withheld sums earmarked for administration expenses in Gaza.
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