Israel income tax

Nearly NIS 2B. revealed: Voluntary tax disclosure program comes to an end

Tax Authority ends voluntary disclosure program, which yielded 823 applications revealing NIS 1.89b. in capital to avoid criminal charges.

Israel Tax Authority, Israel Land Authority, Bank of Israel.
 Illustrative image of doing taxes.

Your Taxes: An agreement is an agreement

 Thousands of additional shekels can be saved every year with tax exemption

Your Taxes: The budget’s tax breaks

Gavel [Illustrative]

Your Taxes: Good news for Israelis with foreign rental income


Your Taxes: Will Trump's building plan bring Israeli tax breaks?

Suppose Israelis were able to participate in Trump's construction projects, what would the anticipated Israeli tax consequences be

 U.S. President Donald Trump speaks during the annual National Prayer Breakfast at the U.S. Capitol in Washington, U.S., February 6, 2025.

IIA: Hi-tech accounts for 24% of all tax in Israel, 36% of income tax

This highlights the centrality of this sector in Israel's economy, the authority emphasized, saying it is a key driver.

 Israel Innovation Authority CEO Dror Bin

CBS: Real average wages up 4.4% from last year, down from March

Average wages for Israeli workers were down in April of 2024 when compared to March 2024.

 The Finance Ministry offices are seen on May 14, 2023

Revisited: Is Zionism tax evasion? - analysis

The moral seems to be: don’t overdo your tax planning. But this was not the finest hour for anyone involved.

 Illustrative image of a piggy bank on a pile of money.

What are Israel's reportable tax positions?

If your tax planning is at odds with an ITA position, you must tell them on Form 146 so they know where to start a tax audit.

 Illustrative image of doing taxes.

Inheritance taxation: A great idea or a disaster?

Let us not rush to tax. And to the government we say – think twice!

 Benjamin Franklin by Joseph Siffrein Duplessis

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).

Your Taxes: Deadly deadlines

As always, consult experienced tax advisers in each country at an early stage in specific cases.

money

Clock ticking on the Tax Authority’s amnesty program

The program gives Israelis the option to voluntarily disclose previously unreported overseas earnings or bank accounts without incurring criminal penalty.

Man at an ATM in Israel

'Israeli-Americans who did not do their tax homework at greater risk of penalties'

FATCA disclosure agreement takes effect, worrying some Israeli-Americans

Man at an ATM in Israel