ITA

Your Taxes: New Israeli taxation rule calls for immediate action

Unfortunately, the trapped profit rules hardly encourage olim who own companies abroad to migrate to Israel.

|ByLEON HARRIS
Thousands of additional shekels can be saved every year with tax exemption
US PRESIDENT Donald Trump uses a gavel after signing the sweeping spending and tax legislation known as the ‘One Big Beautiful Bill Act,’ at the White House last week.

Your Taxes: The Trump technique - bargaining chips

On October 13, US President Donald Trump delivered a speech in the Knesset. It seems 119 MKs were impressed, and one had to be removed.

|ByLEON HARRIS
Italia Trasporto Aereo (ITA) plane with the state airline's blue livery is seen at Fiumicino airport before a news conference to present the new fleet, in Rome, Italy, March 1, 2022.

Lufthansa Group to resume Tel Aviv flights starting later in June

Several airlines canceled flights to Israel following a Houthi missile strike on Ben-Gurion Airport in April.

|ByJERUSALEM POST STAFF
Illustrative image of doing taxes.

What are CbC reports and what do they do?

The answer lies in the CbC reports, which will soon but belatedly be required in Israel. CbC reports will give the ITA eyes to see around the world what activities a multinational group has.

|ByLEON HARRIS

Tax Authority ups the ante for multinationals

YOUR TAXES: The ITA is playing hardball with multinationals that must prepare accordingly.

JUNE 18, 2020ByLEON HARRIS
Calculating taxes

Your Taxes: Less VAT on VCs?

So if your tax planning is at odds with an ITA position, you must tell them so they know where to start a tax audit.

OCTOBER 11, 2018ByLEON HARRIS
Money cash Shekels currency 521

Your taxes: Tax Authority gets its come-uppance

So is all hunky dory at the ITA? Not quite. The ITA received embarrassing criticism in a couple of areas.

OCTOBER 4, 2018ByLEON HARRIS
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