taxes

Indictments filed for more than 80M shekel of taxes

The Tax Authority has filed indictments against several individuals for evading a total of more than 80M shekel of taxes over the last month.

Through the end of 2024:

Finance Minister extends exemption from sweet drinks tax

Following 'mistaken' release that tax on sweet drinks would be reinstated, Finance Min. Smotrich extends exemption through end of 2024.

Finance Ministry pushes for slew of new taxes, Smotrich refuses

Ministry officials asked for cutting tax credits per child or for finishing degrees and called for taxes on income, apartments, and Netflix.

Finance Minister brings back tax on sweet drinks

Finance Minister Smotrich reimposes tax on sugary drinks, other than diet drinks.

Hunter Biden charged with nine counts in federal tax case

The charges include failure to file and pay taxes; evasion of assessment; and false or fraudulent tax return.

Biden's blinders

My mother taught me that one person can make a difference. My father taught me that one person must make the difference.

Tax on soft drinks scrapped:

Finance Minister Bezalel Smotrich abolishes tax

Stores have committed to reducing prices within three days, Smotrich says.

Bezalel Smotrich:

Finance Minister may only abolish tax on diet soda

Following pressure from doctors' union, Finance Minister weighs leaving tax on regular soda intact.

When will the price of disposable goods come down?

Liberman's tax will have remained in place for just over a year.

Why Israel’s new leaders immediately nixed tax on plastic plates

How Liberman's taxes on sugary soft drinks and disposable plates became a major political issue for the new government.

Following tax cancellation:

Health Minister Deri examines ways to fight obesity

Proposals include a ban on advertising a broad range of unhealthy food.

First Act As Finance Minister

Smotrich vows greater competition, fewer taxes in new government

Finance Minister Bezalel Smotrich calls for swift removal of taxes added by Liberman on soft drinks and disposables.

Otzma Yehudit coalition agreement: Tax foreign funding of orgs.

Agreement includes passage of taxes on left-wing organizations which are funded by foreign governments.

Doctors to Netanyahu: Don't cancel tax on sweet drinks

'Canceling tax on sweet drinks will cost in human lives,' doctors association says.

What you need to know

The Best Side Hustles for 2022/23

Are you looking for an effective way to boost your income with a side job?

Religious Zionism MK: Why pay social security twice?

American Israeli citizens currently pay two sets of Social Security fees. A new bill in the Knesset seeks to change that.

Accounting firm distances itself from Trump Organization

Tax firm Mazars says former President’s financial statements are unreliable.

Bennett: We're lowering taxes for working families

Bennett, Liberman, and Barbibai present economic plan, including reducing tax for every working parent by 230 NIS for every child ages 6-12.

Knesset approves tax hike for sugary drinks

Haredi MK Maklev accuses Finance Min. Liberman: 'You don't want health - you want us to drink sweet drinks and give you the money.'

Before you donate those last tax deductible dollars, think again

The last week of 2021 we hear from organizations and public figures requesting last minute contributions. How to choose? Op-ed.

Finance Minister signs order taxing electronic cigarettes

Price of electronic cigarettes, refill fluid, to rise as limits placed on personal imports.

Israel owes citizens NIS 3.6 billion in tax refunds

Tax authority does not actively seek to repay billions in taxes collected despite not being owed to the government.

Haaretz: Tax on disposables is aimed against 'haredi mothers'

Journalist accuses Finance Minister of hypocrisy in targeting 'the greenest sector of society' under guise of caring about the environment.

Stormy Knesset session expected for first reading of budget

'No new taxes'" Liberman insists, 'because the monies raised have a different purpose.' Also in the budget: drastic cuts to haredi sector.

Judge rules Trump must hand over 2017-18 tax info to House panel

Committee investigating if Trump profited off presidency had sought tax records dating back to 2011.

Price of sweetened drinks to rise

Finance Min. Liberman will add tax on sweetened drinks, in effort to 'reduce excess morbidity,' report says.

Taxes in Jewish History

Jews were required to pay internal Jewish taxes from Biblical times onwards.

Bloomberg: 'No one should fear illegal release of their taxes'

Mike Bloomberg vows to catch whoever leaked his tax records showing he paid 3.7% on $1.9 billion in income in 2018.

US Treasury Secretary Yellen: Global corporate tax rate needed

Yellen said that a global minimum corporate tax rate is necessary to end a “30-year race to the bottom."

After Biden goes after 1%, GOP accuses him of avoiding taxes

GOP label Biden a hypocrite for talking about closing corporate loopholes, which they point out he has used to shelter over $13 million.

Finally:

Tax on rolling tobacco will be the same as for cigarettes

Finance Committee approves order equating tax on rolling tobacco with that of cigarettes, in a move that may reduce number of young smokers.

Israel's extraordinary, banal normality

Government to cancel import taxes on butter

Economy Ministry recommends removing quotas, canceling taxes, on imported butter.

Supermodel Bar Refaeli ordered to pay millions in back taxes

Two days before Refaeli serves as host at Eurovision, the court orders her to pay millions in back taxes on unreported income.

Palestinian Authority: Israel owes us taxes

Palestinian Authority tells donor countries that Israel owes taxes for companies operating in Area C.

Change in tax law 'significant and worrisome'

Requiring synagogues to pay tax on employee benefits ‘overly burdensome,’ Jewish groups say.

Finance Minister: I'll lower taxes after Passover

Finance Minister Kahlon promises additional tax breaks after Passover, insists housing prices will drop eventually.

IQOS cigarettes to be taxed as regular cigarettes

Finance Committee approves taxing IQOS electronic cigarette as regular cigarettes - after year-long battle.

Church of the Holy Sepulchre remains closed for second day

Christian pilgrims unable to visit their holy site as Church leaders protest tax on non-church related businesses.

Israel eyes massive tax cuts

'20% of Israelis pay 80% of taxes,' says Finance Minister, promising to remedy situation with cuts to import, income, and business taxes.

Finance Minister refuses to raise tax on rolling tobacco

After Health Minister rejects proposal to raise smoking age, Finance Minister rejects proposal to raise taxes on rolling tobacco.

Why did Abbas exempt Gazans from paying taxes?

Palestinian Authority representative explains why PA Chairman Abbas doesn't want Gazans paying tax to Hamas.

'Deduct terrorists' salaries from taxes transferred to PA'

MKs propose new law allowing Israel to deduct terrorists' salaries from sum of taxes transferred to PA.

Netanyahu, Kahlon meet to lower taxes

Finance Minister meets PM Netanyahu to discuss lowering taxes.

'Government prioritizes PA over Israeli citizens'

MK Bezalel Smotrich criticizes government for raising income tax for Palestinian Authority Arabs, says Israeli citizens will pay the price.

Cabinet orders counter-terror measures

In 5-hour meeting, National Security Cabinet passes new measures to counter terrorist incitement.

Clinton's plan to raise taxes by a half-trillion

Analysis of Clinton's tax plan shows it will drop GDP by 1%, eliminate jobs and reduce wages, in contrast to her campaign promises.

Abbas Rejects Tax Payments, Demands 'All or Nothing'

Palestinian Authority chief Mahmoud Abbas said Sunday that the PA was rejecting Israel's offer of tax money collected on its behalf.

PLO Council Declares Economic War on Israel

Palestinian National Council unveils new plan to 'end economic cooperation with Israel' and expand boycotts, after 70% of PA budget frozen.

Bennett Presents His 'Economics 101' Lesson

If Labor has its 'tax the rich' way, Israel will lose thousands of jobs, Naftali Bennett says in a new video

Could Gas Price Jump Two Weeks Before Election Affect Results?

After four straight months of falling gasoline prices, the party appears to be over for Israeli drivers. Will it affect how they vote?

Bank of Israel Seeks Major Tax Raise

Israel is in the budgetary hole for NIS 18 billion (over $4 billion) – and the only way out, say the Bank of Israel, is to raise taxes.

A new era?

Erekat: Relations With Israel Reached the Point of No Return

Erekat threatens 'new stage' of enmity with Israel, demanding PA independence - or that Israel 'take full responsibility' for region.

Kahlon: Choose Reform Instead of Easy Solutions

Kulanu Chairman Moshe Kahlon tells high school students that raising taxes is an easy solution that doesn't address Israel's real problems.

EU Condemns Israel for Freezing PA Tax Money

EU says freeze 'runs counter' to Oslo Accord, fails to mention freeze is a penalty for PA ICC move that is a breach of Oslo.

Report: 'Kabbalah Rabbis' Rake in Hundreds of Millions

A report Wednesday by State Comptroller Yosef Shapira claims tax authorities have missed a huge tax scandal within the hareidi community.

Lapid Presents 'No New Taxes' 2015 Budget

Finance Minister Yair Lapid on Sunday held a press conference to present the main points of the state budget for 2015.

Lapid: I'll Quit the Government if Taxes Are Raised

Finance Minister declares he will not be part of the government if it raises taxes following Operation Protective Edge in Gaza.

Lapid: No New Taxes, Unless War Continues Much Longer

Finance Minister Yair Lapid said that Operation Protective Edge would not have much of an effect on the state budget - hopefully.

Israel Sanctions PA By Freezing Transfer of Taxes

Official reports sanctions over breach of conditions include taxes Israel collects for PA, cap on bank deposits, and no help on gas field.