Tax

Your Taxes: The budget’s tax breaks

Olim already enjoy a 10-year Israeli tax holiday for foreign-source income and capital gains. Starting January 1, 2026, olim may also be exempt from Israeli tax on Israeli-source income.

 Thousands of additional shekels can be saved every year with tax exemption
Destroyed building in central Israel following Iranian missile strikes on February 28, 2026.

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

“Sweepstakes casino cash-outs are commonly treated as taxable income, and the player is responsible for reporting it even if no form arrives.”

How are taxes handled on sweepstakes casino cash winnings?

A drone view of Al-Arroub refugee camp alongside a new road, part of the expansion of Israeli bypass roads connecting Israeli settlers in the West Bank with Jerusalem, in the West Bank, September 29, 2025.

Knesset advances bill to grant tax benefits for West Bank settlements


Your Taxes: Doing business in Israel in 2026

Israel’s tax treaties and the OECD Multilateral Instrument refine these criteria for foreign companies.

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

Barcelona doubles tourism tax, charging visitors up to €15 a night

A couple spending two nights in a four-star hotel — nearly half of Barcelona’s hotel stock — could see the bill rise by €45.60.

The illuminated Nativity Facade of the famous Sagrada Familia in Barcelona at blue hour.

‘Tax the Jews’ chants break out at event held by Jewish mayor of San Francisco

“Suggesting that Jews are wealthy is a tired trope, and targeting our community at an event focused on creating economic opportunity for San Franciscans is decidedly antisemitic,” Mayor Lurie said.

San Francisco Mayor Daniel Lurie speaks during the California Democratic Convention in San Francisco, California, US February 21, 2026.

US condemns Hamas after video shows terrorists intimidating, extorting Gazans

According to activist Ahmed Fouad Alkhatib, the clip shows Hamas operatives shutting down small vendors who refused to pay taxes and threatening violence, disappearance, and torture.

Gunmen stand guard at the funeral of Marwan Issa, a senior Hamas deputy military commander who was killed in an Israeli airstrike during the conflict between Israel and Hamas, amid a ceasefire between Israel and Hamas, in the central Gaza Strip, February 7, 2025.

Police and Tax Authority uncover NIS 50 million laundering scheme in Kafr Kara factory

A joint investigation by Israeli police and the Tax Authority led to the seizure of millions in cash and assets at a Kafr Kara concrete factory linked to a major money laundering ring.

Israeli police investigators from the Lahav 433 unit search a concrete block factory in Kafr Qara suspected of money laundering and tax offenses.

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

Tax implications of winning the lottery: What you need to know


Your Taxes: AI dos and don’ts

AI is a smart colleague, but it doesn’t know everything. True intelligence is knowing when to use AI and where to stop.

AI and Economy.

Trump sues IRS, Treasury Department for $10 billion over tax return leak

US President Donald Trump files a $10 billion lawsuit against the IRS and Treasury over leaked tax returns, claiming significant reputational and financial harm.

The US Internal Revenue Service (IRS) building in Washington, November 14, 2025.

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.