Tax
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
El Al to distribute first dividend since 2017 after state approval
What is Tim Walz's role in Minnesota's welfare fraud scandal? - explainer
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."
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.
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.
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.
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.
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.
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.
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.
