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


NIS 8.6 billion reported through voluntary tax disclosure scheme

In September of 2014, the authority launched a voluntary disclosure procedure that would allow Israelis who had failed to report path to come clean without facing criminal charges.

Man at an ATM in Israel

Tax Authority nabs 8,000-person list of Israeli HSBC accounts

Having a Swiss bank account is not illegal in Israel as long as it is reported to authorities and taxes are paid.

Swiss flag

Who’s afraid of a minimum wage revolution (and who’s not)?

The reason for the minimum wage increasing twice as much in the US as in Israel is not only to actions of the current Obama administration, but also those of the previous government.

Shekel money bills

Your Taxes: Budget enacted

A proposal to require olim to disclose exempt foreign income and gains arising in their 10-year Israeli tax holiday did not make it past the cabinet.

Moshe Kahlon

Finance Committee authorizes tax breaks for periphery

Residents of 402 towns will now receive the benefit, as opposed to 182 previously.

Protests against proposed changes to the criteria for periphery residents to receive tax benefits, October 2015.

Your Taxes: Filing deadlines for 2014 tax returns

The basics you need to know about filing taxes in Israel.

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Your Taxes: Filing an annual Israeli tax return

The basics you need to know about filing taxes in Israel.

money

Your Taxes: Doing business in Israel, 2015

Israeli business law follows Western principles thanks to British rule from 1917-1948, the hi-tech revolution of the last 20 years and OECD membership since 2010.

Shekel money bills

The war on ‘black capital’

Voluntary disclosure program tackles the problem of unreported capital.

Shekel money bills

Your Taxes: OECD tells Israel how to improve taxes

According to the OECD report, dealing with high poverty rates and low employment rates “needs to remain a policy priority.”

An accountant calculator taxes 370