Israeli tax rates

What do you need to know about buying shares in Israeli companies?

YOUR TAXES: Buy assets not shares in an exit (although this may increase the Israeli sellers’ tax bill)

Calculating taxes
Calculating taxes

Your Taxes: Israel Tax Authority issued instructions for non-taxation of SAFEs

 TO MAKE THE claim that any food, be it hummus, falafel or kubbeh, is inherently one culture or another is doing a disservice to the generations who have honed and preserved those recipes.

Hummus with a side of tax evasion: Where did NIS 120m. go in the falafel industry?

 Illustration of a sign leading to the Tax Authorities offices in Jerusalem.

Tax Authority contacting 19,000 citizens to check eligibility for tax returns


Work vehicles are taxed like luxury vehicles in Israel

The National Labor Court recently ruled employees are taxable in full on the "usage value" of a company vehicle.

Dizengoff St. traffic

ITA imposed bank freeze on taxpayer. Only it was ruled defamatory

YOUR TAXES: On March 1, the ITA imposed a bank freeze on the taxpayer’s bank account. The ITA said the freeze had been imposed in good faith.

 A man wearing a face mask walks outside the Tax Authorities offices in Jerusalem on November 23, 2020.

Your Taxes: How to pay no tax on NIS 375m.

Is this reasonable? The judge obviously thought so.

US tax form (illustrative)

Trump’s tax legislation: How does it affect Israel?

Cuts for corporations and new ‘minimum tax’ could be incentives for Israeli firms to relocate.

Demonstrators protest against the US government's tax reforms next to the New York Stock Exchange

Israel approves plan to increase net wages for working parents

The approved measures, which will significantly improve the net wages of parents with children six years old and under, are key components of Moshe Kahlon's "Net Family" tax cut plan.

Moshe Kahlon (left) and Benjamin Netanyahu (right).

Government approves 1.5% corporate tax reduction

Corporate tax, on the other hand, rose from around 13.5% to 15.5% in the same period, while the share from income tax--a progressive policy tool--dropped from 35% to 26.6%.

kahlon

Fight for your right (to pay tax)

Arnona discounts amounted to 26 percent of the total, with 40% of the discounts going to residents of low-socioeconomic-status neighborhoods.

Percentage of housing units receiving a discount in municipal tax (Arnona) on the basis of income, by socio-economic status and population group, 2014

Bank of Israel warns that taxes must increase in 2016

The government currently is functioning on a month-to-month basis based on the 2014 budget and the deficit for the year is actually expected to hit close to the original 2.5% target

The Bank of Israel building in Jerusalem

Finance Ministry nixes proposal for taxing multiple home ownershp

Poll shows 60% of Israelis oppose increased defense spending at expense of welfare, 44% opposed to Lapid's 0 VAT plan.

House and calculator [Illustrative].

0% VAT plan for first homes advances as housing prices soar

CBS report finds housing prices up 95% since 2007; prices rose 8.2% over past year, since Lapid became finance minister.

An accountant calculator taxes 370