Taxes

News for Taxes

US Treasury Secretary Yellen to G20: Global corporate tax rate needed

US Treasury Secretary Yellen to G20: 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."Dan Verbin, 05/04/2021 22:42
After Biden goes after 1%, GOP accuses him of using loopholes to avoid health taxes

After Biden goes after 1%, GOP accuses him of using loopholes to avoid health taxes

GOP label Biden a hypocrite for talking about closing corporate loopholes, which they point out he has used to shelter over $13 million.Dan Verbin, 05/04/2021 19:19
Knesset committee approves: Tax on rolling tobacco will be the same as for cigarettes

Knesset committee approves: 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.Arutz Sheva Staff, 17/06/2020 11:44
Israel's  extraordinary, banal normality

Israel's extraordinary, banal normality

Israel has come a long way from being seen only as a struggling, beleagured country - its success allows for complaining about traffic jams and crowded classrooms. Giulio Meotti, 04/03/2020 07:52
Government to cancel import taxes on butter

Government to cancel import taxes on butter

Economy Ministry recommends removing quotas, canceling taxes, on imported butter.Chana Roberts, 29/10/2019 14:55
Supermodel Bar Refaeli ordered to pay millions in back taxes

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.Sara Rubenstein, 12/05/2019 18:18
Palestinian Authority: Israel owes us taxes

Palestinian Authority: Israel owes us taxes

Palestinian Authority tells donor countries that Israel owes taxes for companies operating in Area C.Arutz Sheva Staff, 27/09/2018 20:38
Change in tax law 'significant and worrisome'

Change in tax law 'significant and worrisome'

Requiring synagogues to pay tax on employee benefits ‘overly burdensome,’ Jewish groups say.JTA, 12/08/2018 13:19
Finance Minister: I'll lower taxes after Passover

Finance Minister: I'll lower taxes after Passover

Finance Minister Kahlon promises additional tax breaks after Passover, insists housing prices will drop eventually.Haim Lev, 22/03/2018 13:38
IQOS cigarettes to be taxed as regular cigarettes

IQOS cigarettes to be taxed as regular cigarettes

Finance Committee approves taxing IQOS electronic cigarette as regular cigarettes - after year-long battle.Chana Roberts, 12/03/2018 16:48
Church  of the Holy Sepulchre remains closed for second day

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.AFP, 26/02/2018 18:51
Israel eyes massive tax cuts

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.Hezki Baruch, 06/11/2017 13:49
Finance Minister refuses to raise tax on rolling tobacco

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.Arutz Sheva Staff, 18/08/2017 15:18
Why did Abbas exempt Gazans from paying taxes?

Why did Abbas exempt Gazans from paying taxes?

Palestinian Authority representative explains why PA Chairman Abbas doesn't want Gazans paying tax to Hamas.Ido Ben Porat, 08/05/2017 11:33
'Deduct terrorists' salaries from taxes transferred to PA'

'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.Arutz Sheva Staff, 03/04/2017 10:35
Netanyahu, Kahlon meet to lower taxes

Netanyahu, Kahlon meet to lower taxes

Finance Minister meets PM Netanyahu to discuss lowering taxes.Nitsan Keidar, 13/03/2017 16:26
'Government prioritizes PA over Israeli citizens'

'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.Ido Ben Porat, 23/01/2017 12:14
Cabinet orders counter-terror measures

Cabinet orders counter-terror measures

In 5-hour meeting, National Security Cabinet passes new measures to counter terrorist incitement.Rachel Kaplan, 03/07/2016 09:20
Clinton's plan to raise taxes by a half-trillion

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.Arutz Sheva Staff, 27/01/2016 10:21
Abbas Rejects Tax Payments, Demands All or Nothing

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.Yaakov Levi, 05/04/2015 23:15
PLO Council Declares Economic War on Israel

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.Ari Yashar, 20/03/2015 09:31
Bennett Presents His 'Economics 101' Lesson

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 videoMoshe Cohen, 26/02/2015 13:44
Could Gas Price Jump Affect Elections?

Could Gas Price Jump Affect Elections?

After four straight months of falling gasoline prices, the party appears to be over for Israeli drivers. Will it affect how they vote?Moshe Cohen, 22/02/2015 20:09
Bank of Israel Seeks Major Tax Raise

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.Yaakov Levi , 04/02/2015 18:18
PA: Israel Relations Reached Point of No Return

PA: Israel Relations Reached Point of No Return

Erekat threatens 'new stage' of enmity with Israel, demanding PA independence - or that Israel 'take full responsibility' for region.Dalit Halevy, Ari Yashar, 20/01/2015 15:43
Kahlon: Choose Reform Instead of Easy Solutions

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.Cynthia Blank, 19/01/2015 17:43
EU Condemns Israel for Freezing PA Tax Money

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.Arutz Sheva Staff, 06/01/2015 16:46
Report: 'Kabbalah Rabbis' Rake in Millions

Report: 'Kabbalah Rabbis' Rake in Millions

A report Wednesday by State Comptroller Yosef Shapira claims tax authorities have missed a huge tax scandal within the hareidi community.Yaakov Levi, 29/10/2014 17:44
Lapid Presents 'No New Taxes' 2015 Budget

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.Yaakov Levi, 28/09/2014 16:40
Lapid: I'll Quit the Government if Taxes Raised

Lapid: I'll Quit the Government if Taxes Raised

Finance Minister declares he will not be part of the government if it raises taxes following Operation Protective Edge in Gaza.Yishai Karov, 04/09/2014 04:17
Lapid: No New Taxes, Unless War Continues

Lapid: No New Taxes, Unless War Continues

Finance Minister Yair Lapid said that Operation Protective Edge would not have much of an effect on the state budget - hopefully.Yosef Berger, 15/07/2014 03:15
Israel Sanctions PA By Freezing Transfer of Taxes

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.Ari Yashar, 10/04/2014 22:35
Tax Officials: Driving School Mogul Hid Millions

Tax Officials: Driving School Mogul Hid Millions

By keeping two sets of books and with his mother's help, the owner of a chain of driving schools hid millions in income, officials said.David Lev, 16/03/2014 20:03
Slomiansky: Best Thing Might Be to Close Down IBA

Slomiansky: Best Thing Might Be to Close Down IBA

Knesset Finance Committee chairman Nissan Slomiansky says that there is a long list of problems at the Israel Broadcast Authority.David Lev, 20/02/2014 09:02
Bank of Israel: Fewer Services, More Taxes Likely

Bank of Israel: Fewer Services, More Taxes Likely

Israelis are set to face a “double whammy” in 2014, with budget cuts affecting many services along with higher taxes.David Lev, 30/12/2013 00:44
Tax On Empty Apartments Doubled by Finance C'tee

Tax On Empty Apartments Doubled by Finance C'tee

New rules unanimously approved on roughly 47,000 empty apartments to encourage renting or selling, help solve housing crisis.Ari Yashar, Arutz Sheva Staff, 09/12/2013 15:35
Lapid: No New Income Taxes Next Year

Lapid: No New Income Taxes Next Year

Income tax for Israelis will not rise next year, as had been planned, Finance Minister Yair Lapid said.David Lev, 25/11/2013 22:17
Teva Brings 'Captive Profits' Home, Gets Tax Break

Teva Brings 'Captive Profits' Home, Gets Tax Break

Teva said Monday that it would return tens billions of shekels to Israel from abroad, and pay a tax bill of nearly three billion shekels.David Lev, 11/11/2013 22:08
New Pollution Plan Revives 'Cash for Clunkers'

New Pollution Plan Revives 'Cash for Clunkers'

The government is set to authorize on Sunday a major plan to battle air pollution in Israel.David Lev, 11/08/2013 10:22
Steinitz: 'Read My Lips – No New Taxes (Probably)'

Steinitz: 'Read My Lips – No New Taxes (Probably)'

In an interview on Channel Two Sunday night, Finance Minister Yuval Steinitz said that he did not expect to have to raise taxes this yearDavid Lev, 13/01/2013 20:50
Israel May Impose 'Junk Food Tax'

Israel May Impose 'Junk Food Tax'

Israelis, like many Westerners, are getting fatter, and the government is considering taxes to discourage consumption of junk food.David Lev, 15/03/2012 15:51
Tax Breaks for Israel's 'Deep South'

Tax Breaks for Israel's 'Deep South'

People living in Israel's "deep south" will be the beneficiaries of new tax breaks beginning immediately, the government has announced.Chana Ya'ar, 01/01/2012 14:43
Customs, Import Tax Canceled

Customs, Import Tax Canceled

Israel's economy is about to receive another boost, with the cancelation of the customs tax on the import of hundreds of products.Chana Ya'ar, 28/12/2011 15:38
Tax Breaks for Middle Class on the Way

Tax Breaks for Middle Class on the Way

The Knesset Finance Committee on Wednesday authorized a dramatic change in the Israeli tax code – making it more “middle-class friendly."David Lev, 30/11/2011 22:43
OECD on Taxes, Cell Phones

OECD on Taxes, Cell Phones

The OECD report includes comparisons of Israeli taxation, communications prices to the average.Maayana Miskin, 01/07/2011 14:45
Israel to Transfer Tax to PA

Israel to Transfer Tax to PA

Israel announces that the frozen tax money will be transferred to the PA, after confirmation was received that it will not be given to Hamas.Elad Benari, 16/05/2011 04:15
PA to Ask UN to Intervene

PA to Ask UN to Intervene

PA leadership voted to ask UN to intervene to lift Israeli freeze, instituted to keep money from Hamas, on transfers of tax revenues to the PA.Elad Benari, 12/05/2011 05:17
Fighting the Flu and Price Cuts

Fighting the Flu and Price Cuts

The Finance Minister is in the hospital, where he fights the flu and attempts to cut fuel taxes, which he says are good for economic health. Tzvi Ben Gedalyahu, 09/02/2011 14:04
MKs Call for Cheaper Gas

MKs Call for Cheaper Gas

A majority of MKs call on PM Netanyahu to slash gasoline prices. National aid organization protests with horses, buggies.Maayana Miskin, 02/02/2011 05:17
Hi-Tech Snapshots for Car Tax

Hi-Tech Snapshots for Car Tax

Israel has come up with a way to streamline tax collection on the nation’s highways by using hi-tech photographic tax traps.Chana Ya'ar, 26/08/2010 21:05
Tax Systems and Lifestyles

Tax Systems and Lifestyles

The Israeli tax system rewards families in which both parents earn about the same income. What does mean for us, and what can be changed?Jonathan Degani, 06/12/2009 09:54
Political Death on VAT Tax?

Political Death on VAT Tax?

Produce vendors warned Monday that if the VAT tax on their goods rises by one percent, Prime Minister Netanyahu is as good as dead politically.Tzvi Ben Gedalyahu, 29/06/2009 13:35
Steinitz: Delay Childcare Credit

Steinitz: Delay Childcare Credit

Finance Minister Yuval Steinitz plans to ask the Cabinet Sunday to defer tax credits for day care costs by at least two years. Hana Levi Julian, 14/06/2009 09:13