Tax
El Al to distribute first dividend since 2017 after state approval
El Al has recorded exceptional profitability in recent years, in 2024 the company recorded a record profit of over $500 million
What is Tim Walz's role in Minnesota's welfare fraud scandal? - explainer
China taxes condoms, contraceptives, in push to combat declining population
Bahrain unveils massive reform package to tackle $50 billion debt crisis
Your Taxes: Will Trump's building plan bring Israeli tax breaks?
Suppose Israelis were able to participate in Trump's construction projects, what would the anticipated Israeli tax consequences be
OECD tax rules tighten grip on e-commerce profits and Israeli exporters
YOUR TAXES: The MLI deals with income taxation, which is referred to as direct taxation. On top of that, most countries have indirect taxes, such as VAT or GST.
Is the OECD Amount B treaty second rate for Israeli distributors?
Your taxes: Israel is an OECD member but is not a covered jurisdiction for Amount B purposes. So the Israeli Tax Authority may not accept Amount B calculations from Israeli importers and exporters.
After cover op.: Police arrest lawyer suspected of laundering NIS 20m.
The operation was carried out jointly by police officers from the Southern District in addition to officers of the Yahalom unit operating under the Israel Tax Authority.
Electric cars beneficial for consumer, not for Israeli economy, 2024 report finds
In 2024, the cost of an electric-powered vehicle for the consumer was NIS 3,700 less than a gasoline-run car.
Key budget bill clears committee despite Ben-Gvir’s attempt to block it
The bill was part of the annual Economic Arrangements Bill, which accompanies the state budget and groups together all legislative amendments necessary to pass the budget.
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.
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.
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.
