israeli taxes

Calculating taxes

Your taxes: Understanding business and the Silicon Valley Bank fallout - opinion

Many businesses park their spare profits in real estate, so, what was this taxpayer doing that was so businesslike?

By LEON HARRIS
01/04/2023

Smotrich cancels soda tax, while diabetes looms large in Israel

The Finance Minister’s cancellation of a recent tax on sugary drinks marks a step backward in Israel’s struggle against diabetes.

Israeli hi-tech contributes NIS 340 billion to the economy per year

Against the backdrop of the judicial reform, Israeli hi-tech leaders stated that the continued success of this sector requires business certainty.

By YEHUDA SHARONI/MAARIV
13/03/2023

Financial uncertainty doesn't bode well for global business - opinion

Until now, most tax treaties are bilateral and not multilateral. MoMA doesn’t actually prescribe anything new, but it presents current “best” practice for resolving multilateral tax disputes

By LEON HARRIS
11/03/2023

Well-known graphic designer suspected of tax evasion of NIS 3 million

It was found during the investigation that the suspect didn't report any income from sales from a platform at all.

By WALLA!
28/02/2023

Cooking up a tax plan for food

Input VAT is not recoverable on the caterer’s invoices, kitchen equipment and dining-hall furniture.

By LEON HARRIS
24/02/2023
House and calculator [Illustrative].

Your Taxes: Israel upholds tax on transfer of real estate to trusts

This judgment was the final stop in a series of appeals, including an earlier hearing in the High Court of Justice.

By LEON HARRIS
11/02/2023
Calculating taxes

When is legal Israeli tax planning illegitimate?

you. Many other countries have similar but not identical rules. This case summarizes for us what is legitimate Israeli tax planning and what isn’t.

By LEON HARRIS
21/01/2023

Smotrich publishes draft to cancel disposable utensil tax

Having had his eye on the tax’s cancellation for a while, Smotrich has moved to follow through on his goal, and will likely target a tax on soft drinks next.

What are Israel's reportable tax positions?

If your tax planning is at odds with an ITA position, you must tell them on Form 146 so they know where to start a tax audit.

By LEON HARRIS
06/01/2023
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy