Taxes

Mamdani calls for 2% tax hike on wealthy New Yorkers

The New York City mayor claimed that increasing taxes by 2% on those earning more than a million dollars per year would resolve nearly half of the city's budget deficit.

New York City Mayor Zohran Mamdani holds a press conference at the New York City Office of Emergency Management, as a major winter storm spreads across a large swath of the United States, in Brooklyn, New York City, US, January 25, 2026.
 New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021

Ashdod shop owner suspected of laundering money using ATM

 AS THE US and China battle it out over supply chains and global trade flows, Israel, also the subject of US tariffs, finds itself navigating particularly complex terrain. Here, a man looks at a screen showing Chinese stock market movements, as he uses his mobile phone in Beijing on Monday.

Your Taxes: What to consider before any merger and acquisition deal

 Income Tax and Property Tax Department at the Finance Ministry

Your Taxes: Reportable income-tax positions target shelters in US


Your Taxes: Claim your rights regarding purchase tax on a new home - opinion

Not paying purchase tax on unbuilt property is easier than claiming it back.

 Concept of green finance flourishing businesses invest money and coins into sustainable ventures, nurturing growth of nature-friendly projects and ensuring prosperous future. green finance growth.

Your Taxes: Government grabs an employee fringe benefit

The government apparently needs to finance the war partly at the expense of employees – notwithstanding the lengthy service of many on IDF reserve duty.

 Illustration of  Israeli shekels, September 24, 2023

Your Taxes: Deductions for prepaid property rent and expenses - opinion

Here’s how to navigate the process.

 Money and a calculator

Your Taxes: How to get off tax fines

Israel’s tax authority fines can be heavy, but there are ways to reduce or eliminate them. Here’s how to navigate the process and seek relief.

 Illustrative image of doing taxes.

Making aliyah to Israel next year? Here are some tax changes to keep in mind - opinion

Stay informed: Keep up with news of the specific reporting requirements from the Israel Tax Authority.

 THE ISRAEL Tax Authority is apparently interpreting ‘mail’ to include email and downloads from the Internet.

Your Taxes: Happy Independence Day, Start-Up Nation!

The innovative Israeli spirit is tied to the IDF, which teaches Israelis to improvise and get things done.

Calculating taxes

Netanyahu denies pushing tax exemption regulations for Milchan

Netanyahu is suspected of allegedly pushing for several regulatory changes that would have been beneficial to his friend while in a position of power.

Prime Minister Benjamin Netanyahu looks on at his criminal trial testimony hearing in the Tel Aviv District Court yesterday.

How Israel caps Palestinian economic growth - analysis

Had Israel's control over the West Bank not occurred in 1967, the Palestinian economy could have been twice its current size – probably even more.

 Israeli security forces guard while Palestinians make their way through the Israeli Qalandia checkpoint to attend Friday prayers of the holy fasting month of Ramadan in Jerusalem's Al-Aqsa mosque, near the West Bank city of Ramallah on March 21, 2025.

Your Taxes: Charity goes digital

The tax breaks are not changing but the implementation is being upgraded.

Illustrative photo of Israeli money

Donald Trump: The art of the tax deal

According to Trump’s book, we should always think big, focus on the risks, and maximize our options. Aim high, and keep pushing for what you really want.

 US-Präsident Donald Trump spricht zu Reportern an Bord der Air Force One vor der Ankunft auf der Joint Base Andrews, Maryland, USA, 27. Januar 2025.