taxes

Your Taxes: Businesses should always have a commercial rationale for their acts.

The Israeli Tax Authority (ITA) has just won a significant victory in the District Court against the use of the “cost plus” basis of compensation.

Clearly, Gaza could do with a dose of democracy. Israel does have a democracy but lacks a constitution.

The announcement comes as shares have recovered from the October 7 Hamas attack on Israel that pushed the broad Tel Aviv 125 index.

Israelis pay high prices for Chinese electric cars, not just due to taxes, but because the Chinese rely on global subsidies for their domestic market.

Let’s use optimism, before reality strikes, to get our children on the path to financial independence. It’s a win-win: They become financially secure, and we don’t need to support them.

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

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

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

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