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

 UP, UP, and away with El Al profits.
Minnesota Governor Tim Walz visiting Columbus, Ohio, April 6, 2025; illustrative.

What is Tim Walz's role in Minnesota's welfare fraud scandal? - explainer

WOMEN PUSH strollers with young children through a commercial plaza featuring colorful decorations and play structures, including hot air balloon-themed displays, on May 20, 2025 in Chongqing, China.

China taxes condoms, contraceptives, in push to combat declining population

BAHRAIN'S MINISTER of Finance and National Economy, Sheikh Salman bin Khalifa al-Khalifa speaks during a financial conference in Manama, Bahrain February 27, 2019.

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."

Small-business owners protest outside the Finance Ministry in Jerusalem against the import reform and Finance Minister Bezalel Smotrich, December 23, 2025.

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.

 US Senate floor

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.

 Illustrative image of doing taxes.

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.

 Many Jews from abroad view property purchases in Israel as a form of pension plan.

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.

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, November 5, 2025; illustrative.

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.

 View of entrance to Norway's central bank in Oslo, April 20, 2023.

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.

 IDF soldiers operate, eliminate Palestinian Islamic Jihad terrorist in Gaza, April 21, 2025.

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.

 Income Tax and Property Tax Department at the Finance Ministry

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.

 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.

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.

Ann Kaplan Mulholland wearing blue and green tiara, dark turquoise dress, and velvet bag outside Erdem during London Fashion Week on September 21, 2025 in London, England.

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.

 Illustration of a sign leading to the Tax Authorities offices in Jerusalem.