Tax
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.
Tax implications of winning the lottery: What you need to know
Your Taxes: AI dos and don’ts
Trump sues IRS, Treasury Department for $10 billion over tax return leak
Food chain surprises: "We will absorb the VAT increase"
Carrefour announced it will absorb the VAT increase on 1,700 private label products, including food, pharmaceuticals, toiletries, and fresh meat, chicken, and fish.
Freelancers ask central bank to cut interest rate, help businesses near bankruptcy
The forum emphasized that a rate cut could help mitigate some of the increased costs that freelancers and business owners are expected to face in 2025.
Key gov’t tax bill in danger after Otzma Yehudit, Agudat Yisrael threaten to vote against
Bill must pass by end of year; expected to create over NIS 9 billion national income in 2025.
VAT in Israel is going up
Your Taxes: The rules are complex. We all need to prepare.
Tax Authority confirms higher vehicle tax rates for 2025
Alongside the adjustment to purchase tax on electric vehicles, all gasoline, diesel, hybrid, and plug-in hybrid vehicles will become more expensive.
A long-overdue reform: New Osek Zair will help Israel’s small businesses thrive - analysis
For small business owners, the Osek Za’ir is an opportunity to save time, reduce costs, and focus on contributing to Israel’s economy.
State to open VAT-free store at Ramon Airport
The Israel Airports Authority issued a tender for a VAT-free store at Eilat Airport, where 25% of Israel’s mobile phones are sold. The VAT hike next year will increase the city's appeal.
Air for NIS 40? Italy finds another way to scam tourists
While you're taking selfies at Lake Como, others are packing its air into cans and selling it for NIS 40. This new venture causing a stir in Italy proves that there’s a buyer for everything.
China Gold Imports Slump as New Tax Rule Looms
Gold traders divert shipments from China as proposed customs rule threatens hefty new taxes on imports. September volumes hit 6-month low. Peru copper supplies at risk
Trump proposes key tax break for US citizens living abroad, pledges to end double taxation
Trump's proposal could simplify tax obligations for US citizens abroad, addressing the complexities they currently face.
