Tax
El Al to distribute first dividend since 2017 after state approval
El Al has recorded exceptional profitability in recent years, in 2024 the company recorded a record profit of over $500 million
What is Tim Walz's role in Minnesota's welfare fraud scandal? - explainer
China taxes condoms, contraceptives, in push to combat declining population
Bahrain unveils massive reform package to tackle $50 billion debt crisis
'Smotrich is taking us hostage': Small-business owners protest new VAT, customs exemptions
Protesters also warned of the economic implications of the move for local commerce, employment, and business stability in Israel, saying that the move “will be remembered in infamy."
US House reaches bipartisan majority opposing radio performance tax
The Local Radio Freedom Act crossed a key House majority threshold, reflecting bipartisan resistance to new fees on local radio broadcasters.
Your Taxes: What Israelis should review before tax year closes
The Israel-Hamas War has added to the government’s budgetary needs. So, taxes won’t be cut any time soon.
Your Taxes: How does Israel tax foreign pensions? The laws all immigrants should know
US Social Security is exempt in both the US and Israel under the US-Israel tax treaty.
Treasury Dept. investigates allegations that Minnesota tax dollars sent to al-Shabaab terrorists
Treasury Secretary Scott Bessent says the US is reviewing allegations of diverted Minnesota funds to al-Shabaab, a charge Governor Tim Walz calls unfair to Somali Americans.
Norway's wealth tax trades millionaires for equality - analysis
With a wealth tax dating back to 1892 and a culture of openness that allows citizens to view others' tax returns, Norway has more experience than most in squeezing the rich.
Knesset approves new tax benefits for IDF combat reservists
The bill, which passed 26–0 with no abstentions, will award up to four credit points, scaled to reserve duty performed in the prior tax year.
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.
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.
Millioniares declares Kent castle an independent micronation in response to UK hiking tax payment
The Principality of Lympne is not recognized as a nation by any country.
Your Taxes: Moving onshore is tax evasion, says court
In a decision that has no winners, an Israeli court ruled that moving a subsidiary company from Dutch to Israeli ownership is tax evasion.