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. 

Lottery tickets (illustrative)
SLOT MACHINES at a Barriere Group casino in Enghien-les-Bains, in Paris suburb, on March 12, 2026.

Israeli businessman 'King of Slot Machines' Tony Bargig murdered in Prague

An Israel Police officer standing outside the headquarters of Lahav 433 - The National Crime Unit; illustrative.

Israel Tax Authority official questioned by Lahav 433 over alleged privacy, misconduct offenses

Humanitarian aid enters the Gaza Strip via the Kerem Shalom Crossing, November 17, 2025; illustrative.

IDF indicts two soldiers for smuggling cigarettes, stealing ammo, tax offenses linked with Gaza


US House reaches bipartisan majority opposing radio performance tax

The Local Radio Freedom Act crossed a key House majority threshold, reflecting bipartisan resistance to new fees on local radio broadcasters.

 US Senate floor

Your Taxes: What Israelis should review before tax year closes

The Israel-Hamas War has added to the government’s budgetary needs. So, taxes won’t be cut any time soon.

 Illustrative image of doing taxes.

Your Taxes: How does Israel tax foreign pensions? The laws all immigrants should know

US Social Security is exempt in both the US and Israel under the US-Israel tax treaty.

 Many Jews from abroad view property purchases in Israel as a form of pension plan.

Treasury Dept. investigates allegations that Minnesota tax dollars sent to al-Shabaab terrorists

Treasury Secretary Scott Bessent says the US is reviewing allegations of diverted Minnesota funds to al-Shabaab, a charge Governor Tim Walz calls unfair to Somali Americans.

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, November 5, 2025; illustrative.

Norway's wealth tax trades millionaires for equality - analysis

With a wealth tax dating back to 1892 and a culture of openness that allows citizens to view others' tax returns, Norway has more experience than most in squeezing the rich.

 View of entrance to Norway's central bank in Oslo, April 20, 2023.

Knesset approves new tax benefits for IDF combat reservists

The bill, which passed 26–0 with no abstentions, will award up to four credit points, scaled to reserve duty performed in the prior tax year.

 IDF soldiers operate, eliminate Palestinian Islamic Jihad terrorist in Gaza, April 21, 2025.

Your Taxes: How Israeli companies can dodge the new trapped profits tax - explainer

This opportunity to reorganize by full or partial liquidation expires soon. But these rules are not the greatest thing since sliced bread.

 Income Tax and Property Tax Department at the Finance Ministry

Your Taxes: The Trump technique - bargaining chips

On October 13, US President Donald Trump delivered a speech in the Knesset. It seems 119 MKs were impressed, and one had to be removed.

 US PRESIDENT Donald Trump uses a gavel after signing the sweeping spending and tax legislation known as the ‘One Big Beautiful Bill Act,’ at the White House last week.

Millioniares declares Kent castle an independent micronation in response to UK hiking tax payment

The Principality of Lympne is not recognized as a nation by any country.

Ann Kaplan Mulholland wearing blue and green tiara, dark turquoise dress, and velvet bag outside Erdem during London Fashion Week on September 21, 2025 in London, England.

Your Taxes: Moving onshore is tax evasion, says court

In a decision that has no winners, an Israeli court ruled that moving a subsidiary company from Dutch to Israeli ownership is tax evasion.

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