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

 UP, UP, and away with El Al profits.
Minnesota Governor Tim Walz visiting Columbus, Ohio, April 6, 2025; illustrative.

What is Tim Walz's role in Minnesota's welfare fraud scandal? - explainer

WOMEN PUSH strollers with young children through a commercial plaza featuring colorful decorations and play structures, including hot air balloon-themed displays, on May 20, 2025 in Chongqing, China.

China taxes condoms, contraceptives, in push to combat declining population

BAHRAIN'S MINISTER of Finance and National Economy, Sheikh Salman bin Khalifa al-Khalifa speaks during a financial conference in Manama, Bahrain February 27, 2019.

Bahrain unveils massive reform package to tackle $50 billion debt crisis


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.

 Income Tax and Property Tax Department at the Finance Ministry

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

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

 THE ISRAEL Tax Authority is apparently interpreting ‘mail’ to include email and downloads from the Internet.

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.

Ramon Airport in Eilat. Zero VAT for those who purchase at the new store

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.

Como Lake. Italy.

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

 China Gold Imports Slump as New Tax Rule Looms

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.

REPUBLICAN PRESIDENTIAL nominee and former US president Donald Trump makes a campaign speech in Savannah, Georgia, earlier this week. Trump expects to lose the election and is setting up the Jews to take the fall, the writer maintains.

The state slaughters its cash cow: Where will the money come from for the war?

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.


Your Taxes: Calling US and French immigrants to Israel

As always, consult experienced tax advisors in each country at an early stage in specific cases.

 Income Tax and Property Tax Department at the Finance Ministry

Economy is the next front of Israel's existential war, and it's losing - analysis

Israel's adherence to ineffective systems without regulation could lead to a dangerous cycle.

 WORKERS FROM the hi-tech sector protest against the proposed changes to the legal system, in Tel Aviv, on Tuesday.

Illegal handling fees for FedEx shipments to Israel

Consumer Protection Authority to fine FedEx for unauthorized charges on overseas orders to Israel; FedEx denies claims contradicting consumer laws.

  FedEx enters the Israeli market but does not bring a substantial solution to the needs of e-commerce merchants.