Israel tax authority

Nearly 30,000 property damage claims filed since start of Operation Roaring Lion

According to the Tax Authority, 65 compensation fund teams are currently operating across the country to assist civilians whose homes and property have been damaged in the war.

Destroyed building in central Israel following Iranian missile strikes on February 28, 2026.
Calculating taxes

Your Taxes: You can't have your matzah and eat it, too

Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 23, 2026.

Knesset advances bill granting five-year tax exemption to olim, returning residents

Aftermath of an Iranian ballistic missile attack following impact of missile fragments in central Israel, March 8, 2026

Your Taxes: How Israelis can claim fast-track missile damage compensation


Your Taxes: Israel moves charities online for tax breaks

Starting in 2026, details of each donation reported are immediately stored electronically on the ITA’s system. The donor can access these details online.

A charity donation box is seen in this illustrative photo taken March 22, 2023

Ashdod shop owner suspected of laundering money using ATM

According police, income from cash sales at the store, which was concealed from the tax authorities, was laundered through the suspect's bank accounts by depositing the cash into an ATM at the store

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

Lahav 433, Tax Authority arrest seven for suspected extortion, money laundering, tax fraud

Seven members of the Bakri crime organization were arrested following an investigation carried out by multiple law enforcement agencies, including Lahav 433 and the Tax Authority.

Israeli police arrested senior Bakri crime group members and municipal officials in Nazareth overnight in the “Maze of Money” case targeting extortion and money laundering on December 9th, 2025.

Your Taxes: New Israeli taxation rule calls for immediate action

Unfortunately, the trapped profit rules hardly encourage olim who own companies abroad to migrate to Israel.

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

Your Taxes: Leaving Israel? Leave your pension here

Section 87 seeks to preserve such monies until retirement age (men, age 67, and women, age 64, generally). The penalty for early payout is a 35% tax charge.

Israeli shekel

Your Taxes: OECD tries to fix home-office tax traps

Working abroad sounds simple, but new OECD guidance still leaves major tax risks for Israelis and foreign firms.

 Work from home (illustrative)

Israel pushes to outlaw possession of over NIS 200,000 in cash

Opponents of the move claim that it severely violates privacy and limits economic freedom.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Israel considering tax exemption for new immigrants during first two years of residency

The ministry said the reform is part of the state budget presented this week and aims to encourage Aliyah and strengthen integration into Israeli society and the economy.

Finance Minister Bezalel Smotrich at an event held in partnership with Nefesh B’Nefesh. November 6, 2025.

Picking up the pieces: Israelis who lost homes in Iran attack remain traumatized by bureaucracy

The war with Iran may be over, but for victims of missile attacks, the trauma continues.

THE DEVASTATED remains of apartments in Tel Aviv where residents were forbidden from entering to retrieve possessions.

Your Taxes: Clarifications for new Israeli tax amnesty

Consult experienced tax and professional advisers in each country at an early stage in specific cases.

Calculating taxes