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
OECD tax rules tighten grip on e-commerce profits and Israeli exporters
YOUR TAXES: The MLI deals with income taxation, which is referred to as direct taxation. On top of that, most countries have indirect taxes, such as VAT or GST.
Is the OECD Amount B treaty second rate for Israeli distributors?
Your taxes: Israel is an OECD member but is not a covered jurisdiction for Amount B purposes. So the Israeli Tax Authority may not accept Amount B calculations from Israeli importers and exporters.
After cover op.: Police arrest lawyer suspected of laundering NIS 20m.
The operation was carried out jointly by police officers from the Southern District in addition to officers of the Yahalom unit operating under the Israel Tax Authority.
Electric cars beneficial for consumer, not for Israeli economy, 2024 report finds
In 2024, the cost of an electric-powered vehicle for the consumer was NIS 3,700 less than a gasoline-run car.
Key budget bill clears committee despite Ben-Gvir’s attempt to block it
The bill was part of the annual Economic Arrangements Bill, which accompanies the state budget and groups together all legislative amendments necessary to pass the budget.
Food chain surprises: "We will absorb the VAT increase"
Carrefour announced it will absorb the VAT increase on 1,700 private label products, including food, pharmaceuticals, toiletries, and fresh meat, chicken, and fish.
Freelancers ask central bank to cut interest rate, help businesses near bankruptcy
The forum emphasized that a rate cut could help mitigate some of the increased costs that freelancers and business owners are expected to face in 2025.
Key gov’t tax bill in danger after Otzma Yehudit, Agudat Yisrael threaten to vote against
Bill must pass by end of year; expected to create over NIS 9 billion national income in 2025.
VAT in Israel is going up
Your Taxes: The rules are complex. We all need to prepare.
Tax Authority confirms higher vehicle tax rates for 2025
Alongside the adjustment to purchase tax on electric vehicles, all gasoline, diesel, hybrid, and plug-in hybrid vehicles will become more expensive.
