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


Your Taxes: How to optimize charity donations for taxes - opinion

In short, donate non-cash assets to the right charity.

Illustrative photo of Israeli money

Your Taxes: Israeli taxation is going higher and higher - opinion

With a war to finance and COVID-19 expenses still lingering, Israeli taxation is going only one way, which isn’t down.

 Illustrative image of doing taxes.

Your Taxes: How to do business in Israel in 2024 - opinion

There is no tax in Israel on estates or inheritances, only on gifts to foreign residents.

Illustrative photo of Israeli money

New bill proposed: Abolish 10-year disclosure exemption for immigrants

Your taxes: Will the ten-year exemption for Olim be in danger next? Apparently not, according to the commentary.

 Illustration of a sign leading to the Tax Authorities offices in Jerusalem.

Israel increases sum planned to deduct from PA taxes, cites 'pay-to-slay' policy

Following pressure from Finance Minister Bezalel Smotrich, the PA's offset will be increased by an additional NIS 21 million.

 Finance Minister Bezalel Smotrich at a press conference, February 14, 2024.

Wartime update: Compensation for property owners, reservists

Compensation and other measures are gradually being extended as the war continues. Here is a partial wartime update.

Apartment for sale in Jerusalem

Smotrich finally agrees to equal taxation on e-cigs and regular cigarettes

Among the signatories were the Association of Public Health Physicians, the Israel Medical Association (IMA), the group for smoking prevention and cessation in the IMA, and others.

 Head of the Religious Zionist Party MK Bezalel Smotrich speaks during a rally against the Israeli government in Tel Aviv, December 7, 2021.

The exodus from Egypt,  Tu Bishvat, and your money - opinion

Far too often investors focus on the immediate present without any broader perspective. They lose sight of their long-term goals, because of short-term fear.

 Money jar

Investing in real estate abroad and what it will mean for your taxes

If you want to diversify your investments and purchase real estate in the UK, here's what you need to know.

 Property estate agent sales and letting signs are seen outside an apartment building in Lichfield, Britain, May 3, 2022.

We’re worth what we give: A tax expert's charity and action - opinion

Brian White is one of the top (if not the top) tax experts in the UK, a man of action, and a man of charity both in the UK and Israel.

 BRIAN WHITE chose this special-needs minibus over a Patek Philippe watch.