Taxes

Your Taxes: Reportable income-tax positions target shelters in US

A reportable income-tax position is a position contrary to a position published by the ITA if the tax advantage exceeds NIS 5 million in the tax year or NIS 10m. over four years.

 Income Tax and Property Tax Department at the Finance Ministry
 Illustrative image of doing taxes.

Your Taxes: Will Israel's proposed property tax crash again?

 Thousands of additional shekels can be saved every year with tax exemption

Your Taxes: New Israeli taxation rule calls for immediate action

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


How will Israel's new 2025 tax reforms enhance venture capital? - opinion

These proposed reforms represent a strategic effort to reinforce Israel's position as a global innovation and investment destination. 

 Israel flag with stock market finance, economy trend graph digital technology.

Avoid IRA tax nightmares: Tips for retirees and new olim

Slow down and be deliberate before making big financial decisions, and make sure you understand all the facts and ramifications of your decision before pulling the trigger. 

 French Jews arrive in Israel for Aliyah, August 1, 2024.

Your Taxes: Share options - red flags!

As always, consult experienced professional advisers in each country at an early stage in specific cases.

 Illustration of  Israeli shekels, September 24, 2023

Your Investments: End of year strategy for large market gains

The end of the year is always a good time to review finances, compare your current situation to your stated goals and needs.

 SMART PLANNING can literally save you thousands and thousands of dollars. With Hanukkah approaching, that’s some serious ‘gelt’!

Your Taxes: Charity and Squatting

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

Calculating taxes

Trump vs Harris: Contrasting economic plans could shift global market dynamics - expert

US presidential candidates Harris and Trump present contrasting economic and trade policies impacting global markets, influencing sectors like technology, energy, finance, and consumer goods.

(L-R): Donald Trump and Kamala Harris are seen ahead of the presidential debate (illustrative)

IDF reservists may see municipality tax issue resolved, Hitorerut says

Due to reserve duty, the income of some soldiers saw a significant rise since it was calculated based on the temporary remuneration granted to them by the IDF instead of their usual income. 

 IDF soldiers operating in southern Lebanon, October 13, 2024.

Thinking about leaving Israel? Everything you need to know about relocation and finances

Many who leave Israel or plan to do so might not be aware that emigrating from Israel for a long period carries legal and financial implications.

 Passengers at the Ben Gurion International airport near Tel Aviv on June 9, 2024

G20’s wealth tax ambition: Will governments use the ultra-rich's money wisely?

The G20 proposes higher taxes on the ultra-wealthy, but questions remain about fairness, government spending, and the impact on philanthropy, investments, and pensions.

 Flags G20 membership , Concept of the G20 summit or meeting, G20 countries , Group of Twenty members, 3d illustration and 3d work

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.

 New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021