Tax
One lucky Israeli wins NIS 40 million in highest lottery jackpot since 2024
NIS 40 million is the legal maximum in the regular Lotto draw, with the Double Lotto standing at NIS 80 million, making it one of the largest prize pools available in Israel.
Israeli businessman 'King of Slot Machines' Tony Bargig murdered in Prague
Israel Tax Authority official questioned by Lahav 433 over alleged privacy, misconduct offenses
IDF indicts two soldiers for smuggling cigarettes, stealing ammo, tax offenses linked with Gaza
Police and Tax Authority uncover NIS 50 million laundering scheme in Kafr Kara factory
A joint investigation by Israeli police and the Tax Authority led to the seizure of millions in cash and assets at a Kafr Kara concrete factory linked to a major money laundering ring.
Your Taxes: Israel moves charities online for tax breaks
Starting in 2026, details of each donation reported are immediately stored electronically on the ITA’s system. The donor can access these details online.
Tax implications of winning the lottery: What you need to know
Your Taxes: AI dos and don’ts
AI is a smart colleague, but it doesn’t know everything. True intelligence is knowing when to use AI and where to stop.
Trump sues IRS, Treasury Department for $10 billion over tax return leak
US President Donald Trump files a $10 billion lawsuit against the IRS and Treasury over leaked tax returns, claiming significant reputational and financial harm.
El Al to distribute first dividend since 2017 after state approval
El Al has recorded exceptional profitability in recent years, in 2024 the company recorded a record profit of over $500 million
What is Tim Walz's role in Minnesota's welfare fraud scandal? - explainer
The Trump administration is ramping up federal enforcement in Minnesota, citing massive fraud tied to state programs, as Governor Tim Walz steps aside under growing scrutiny over oversight failures.
China taxes condoms, contraceptives, in push to combat declining population
China's population fell for a third consecutive year in 2024 and experts have cautioned the downturn will continue.
Bahrain unveils massive reform package to tackle $50 billion debt crisis
The reform package includes higher electricity and water tariffs, with an exception for citizens’ first homes, which will continue to receive subsidized rates up to a specified limit.
'Smotrich is taking us hostage': Small-business owners protest new VAT, customs exemptions
Protesters also warned of the economic implications of the move for local commerce, employment, and business stability in Israel, saying that the move “will be remembered in infamy."
