News and updates about taxes

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.

Biden's blinders

Finance Minister Bezalel Smotrich abolishes tax on soft drinks

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

Finance Minister Bezalel Smotrich abolishes tax

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.

Finance Minister may only abolish tax on diet soda

When will the price of disposable goods come down?

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

When will the price of disposable goods come down?

Why Israel’s new leaders immediately made plastic plates inexpensive again

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

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

Following tax cancellation: Health Minister Deri examines ways to fight obesity

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

Health Minister Deri examines ways to fight obesity

Finance Minister Smotrich pushes to drop taxes on disposables and sugary drinks

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

Smotrich vows greater competition, fewer taxes in new government

Otzma Yehudit coalition agreement: Tax foreign funding of Israeli orgs.

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

Otzma Yehudit coalition agreement: Tax foreign funding of orgs.

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

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

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

The Best Side Hustles for 2022/23

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

The Best Side Hustles for 2022/23

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.

Religious Zionism MK: Why pay social security twice?

Accounting firm distances itself from Trump Organization

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

Accounting firm distances itself from Trump Organization

Bennett: We're lowering taxes for working families, reducing tariffs on consumer goods

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

Bennett: We're lowering taxes for working families

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.'

Knesset approves tax hike for sugary drinks

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.

Before you donate those last tax deductible dollars, think again

Finance Minister Liberman signs order taxing electronic cigarettes

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

Finance Minister signs order taxing electronic cigarettes

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.

Israel owes citizens NIS 3.6 billion in tax refunds

Haaretz journalist: Tax on disposable goods 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.

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

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.

Stormy Knesset session expected for first reading of budget

Federal judge rules Trump must hand over 2017-2018 tax info to House panel

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

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

Price of sweetened drinks to rise

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

Price of sweetened drinks to rise

Taxes in Jewish History

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

Taxes in Jewish History

Mike Bloomberg: 'No citizen 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.

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

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."

US Treasury Secretary Yellen: Global corporate tax rate needed

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.

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

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.

Tax on rolling tobacco will be the same as for cigarettes

Israel's extraordinary, banal normality

Israel's  extraordinary, banal normality

Government to cancel import taxes on butter

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

Government to cancel import taxes on 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.

Supermodel Bar Refaeli ordered to pay millions in back taxes

Palestinian Authority: Israel owes us taxes

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

Palestinian Authority: Israel owes us taxes

Change in tax law 'significant and worrisome'

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

Change in tax law 'significant and worrisome'

Finance Minister: I'll lower taxes after Passover

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

Finance Minister: I'll lower taxes after Passover

IQOS cigarettes to be taxed as regular cigarettes

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

IQOS cigarettes to be taxed as regular cigarettes

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.

Church  of the Holy Sepulchre remains closed for second day

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.

Israel eyes massive tax cuts

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.

Finance Minister refuses to raise tax 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.

Why did Abbas exempt Gazans from paying taxes?

'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.

'Deduct terrorists' salaries from taxes transferred to PA'

Netanyahu, Kahlon meet to lower taxes

Finance Minister meets PM Netanyahu to discuss lowering taxes.

Netanyahu, Kahlon meet to lower 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.

'Government prioritizes PA over Israeli citizens'