Taxes
Your Taxes: OECD, G20 launch plan to expose untaxed real estate funds and income
A new OECD initiative aims to close real estate loopholes, exposing untaxed funds, rental income, and capital gains. This could affect anyone with global property investments.
Finance Ministry’s relief loan to Israel’s small, medium businesses: How does it work? - explainer
Your Taxes: The budget’s tax breaks
Redomestication: How businesses are escaping California, New York, and Washington State
Your Investments: Planning after another strong year in the stock market
‘Our prime purpose in this life is to help others. And if you can’t help them, at least don’t hurt them.’ – Dalai Lama
France faces budget crisis as aging population drives spending to 60% of GDP
France once stood out in Europe for its higher birth rate, but that advantage has eroded since the pandemic as the number of children per woman has fallen and retiree numbers climb.
FBI Director Kash Patel faces intensifying criticism after girlfriend reportedly used FBI jet
In previous months, Patel has come under fire for seemingly allowing his girlfriend, Alexis Wilkins, to use an official FBI airplane to travel to her shows.
Your Taxes: R&D centers are big business for Israel
Israel’s new R&D center tax circular could transform the merger and acquisition strategies of acquiring groups with global revenues of over NIS 10b.
Israel pushes to outlaw possession of over NIS 200,000 in cash
Opponents of the move claim that it severely violates privacy and limits economic freedom.
Your Taxes: Beware of ‘trapped profits’ taxation in international cases
Trapped profits refer to undistributed profits on which “only” 23% company tax was paid. In many cases, the profits were plowed back into the business of the company concerned.
US Pres. Donald Trump committed to $2,000 tariff payoff, warns US faces 'economic disaster'
Trump said the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping tariffs.
Knesset advances first reading for tax benefits bills for Ashkelon, southern Israel, West Bank
The bills will now be brought to the Knesset’s committees for further discussion before being brought back to the plenum, where they will need to pass a second and third reading to become law.
Your Taxes: Why you should use publicly-available company printouts in business deals - opinion
The Israeli business sector will gain more transparency with increased Israel Companies Registry information becoming publicly available.
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.