Tax

Finance Ministry aims to cut record high gas prices by 50 agorot, needs attorney-general's approval

Finance Minister Bezalel Smotrich intends to introduce the additional reduction, which, if approved and completed, is expected to bring the price of a liter of gasoline down to about NIS 7.77.

A worker fills benzene, at a gas station in Jerusalem before petrol prices rise at midnight on 31 January 2011.
Finance Minister Bezalel Smotrich attends a ceremony marking the establishment of the new Israeli settlement of Ma’ale Arugot in Gush Etzion, in the West Bank, September 2, 2026.

Smotrich to again increase state fuel subsidies to counter rise in gas prices

Bank of Israel.

'In a year, we will be in a whole new world': Bank of Israel official's forecast

Israel Tax Authority, Israel Land Authority, Bank of Israel.

Nearly NIS 2B. revealed: Voluntary tax disclosure program comes to an end


The dramatic changes proposed to the definition of Israeli, foreign residents - opinion

It is worth questioning why the Tax Authority largely abandoned the original committee’s recommendations without broader consultation.

 THE ISRAEL Tax Authority is apparently interpreting ‘mail’ to include email and downloads from the Internet.

Your Taxes: Avoiding a catch-22 - opinion

Anyone following the Israeli judicial reform process should note what can happen if an executive authority simply ignores the courts and uses a catch-22 excuse when caught out.

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

Eilat Municipality will encourage new Israeli immigrants to begin their lives in the city

The Eilat Municipality will encourage new Israeli immigrants to begin their lives in the city and work in its hotel industry. A framework combining work incentives and housing is already in motion.

 POOLSIDE AT the Isrotel King Solomon, Eilat

Israel's Constitution Committee debates revised NGO funding bill

The initial version of the bill that passed a preliminary vote in February would have slapped an 80% tax on “foreign state entity” donations to NGOs.

 A plenum session on the state budget in the assembly hall of the Israeli parliament, December 16, 2024.

Winners and Losers of Trump’s Tax Reform

U.S. taxes

Jewish schools, families poised for windfall under new federal tax-credit program

The $1,700 federal tax credit to support private school tuition delivers a long-sought victory to Orthodox Jewish advocacy groups and other religious education proponents.

Orthodox Jewish children get off a Yeshiva school bus, as New York City Mayor Bill de Blasio declared a public health emergency in parts of Brooklyn in response to a measles outbreak, in the Williamsburg neighborhood of Brooklyn in New York City, US, April 9, 2019.

How a tax opposed by Shas sparked climate backlash in the ultra-Orthodox community

A newly published Hebrew University of Jerusalem study found that the well-meaning environmental tax turned into a cultural flashpoint.

 DISPOSABLE PLASTIC tableware are on display at the Osher Ad Supermarket branch in Givat Shaul, Jerusalem.

Your Taxes: How to get off tax fines

Israel’s tax authority fines can be heavy, but there are ways to reduce or eliminate them. Here’s how to navigate the process and seek relief.

 Illustrative image of doing taxes.

Service industry staff do not need to pay VAT on tips, Tax Authority confirms

The Tax Authority had initially decided to begin enforcing VAT on tips from June 1, 2025, onwards, but this decision was successfully reversed.

 Tips jar with money on light wooden table in cafe; illustrative

Become Compliant and Claim $1,400: A Six-Week Window for U.S. Expats

U.S. expats have a limited six-week window to become fully compliant with the IRS, avoid penalties, and claim the $1,400 stimulus payment.