Tax

California's proposed wealth tax makes business domicile part of the exit analysis

Proposition 40 could affect billionaires with California residency ties, prompting business owners to review company domicile, personal residency and ongoing state tax obligations.

California’s proposed wealth tax is putting business domicile under scrutiny in exit planning.
Children gather and play on a water truck in Gaza City, Gaza Strip, on September 23, 2026. The Emergency Committee of the Chambers of Commerce and Industry recently held a protest, warning that shortages of tires, oil, and spare parts are disrupting the operation of these water trucks.

Gaza aid shipments resume as Hamas backs down from extortion threats targeting private merchants

IDF soldiers operating in southern Lebanon.

Reservists lose municipal-tax discounts after wartime protection expires, petition says

A worker fills benzene, at a gas station in Jerusalem before petrol prices rise at midnight on 31 January 2011.

Finance Ministry aims to cut record high gas prices by 50 agorot, needs attorney-general's approval


We will pay three times: The dream country decided to raise tourist tax

New Zealand triples its tourist tax to cover environmental costs, raising concerns in the tourism industry about global competitiveness.

 New Zealand

Israel announces new tax benefits for olim: What are they and how do they work? - opinion

To attract more individuals to migrate, the finance minister has introduced a new tax relief that lowers the purchase tax rates for residential property transactions involving new immigrants.

Olim from North America arrive on a special " Aliyah flight" to the Ben Gurion airport

Reduced tax rate for early training fund withdrawals until year-end

Tax Authority offers reduced tax rate of up to 15% for early withdrawals from training funds until year-end, aiming to assist households during challenging times.


Israel transfers $116 million of withheld tax revenue to Palestinians

Since the Hamas-led attack on Israel on October 7, Israeli Finance Minister Bezalel Smotrich has withheld sums earmarked for administration expenses in Gaza.

 Finance Minister Bezalel Smotrich gestures at the Knesset, in Jerusalem, on June 24, 2024

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Insufficient funds: Electric car purchase tax to increase to 50% in 2025

Electric car owners must contribute to fund the war effort through a travel tax, increased purchase tax, and removal of the yearly licensing fee discount of NIS 530.


Inheritance tax changes may trap UK olim

Olim from the UK frequently assume that by making aliyah, their liability to British estate taxes disappear. Unfortunately, this is far from true.

 Thousands of additional shekels can be saved every year with tax exemption

This is the price you will pay in June for a flight with Rainier

Ryanair's return to Israel in June brings back affordable flight prices to popular destinations like Athens, Paphos, Berlin, Milan, Malta, and Budapest for eager travelers.

Ryanair plane

The beverage company 'BLU' is expected to receive a huge fine

Ministry of Environmental Protection audit reveals discrepancies in 'Blu' company's recycling reports for 2019-2020, facing potential NIS 100 million fine.

 Blu drinks