Taxes

Your Taxes: OECD, G20 launch plan to expose untaxed real estate funds and income

A new OECD initiative aims to close real estate loopholes, exposing untaxed funds, rental income, and capital gains. This could affect anyone with global property investments.

 A WOMAN withdraws money from a Bank Hapoalim ATM in Tel Aviv in March.
Finance Minister Bezalel Smotrich speaks at the Knesset plenum ahead of the 2026 state budget vote, March 30, 2026.

Finance Ministry’s relief loan to Israel’s small, medium businesses: How does it work? - explainer

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

Your Taxes: The budget’s tax breaks

“Businesses are relocating from high-tax states to Florida and Texas”

Redomestication: How businesses are escaping California, New York, and Washington State


Israel increases sum planned to deduct from PA taxes, cites 'pay-to-slay' policy

Following pressure from Finance Minister Bezalel Smotrich, the PA's offset will be increased by an additional NIS 21 million.

 Finance Minister Bezalel Smotrich at a press conference, February 14, 2024.

Wartime update: Compensation for property owners, reservists

Compensation and other measures are gradually being extended as the war continues. Here is a partial wartime update.

Apartment for sale in Jerusalem

Smotrich finally agrees to equal taxation on e-cigs and regular cigarettes

Among the signatories were the Association of Public Health Physicians, the Israel Medical Association (IMA), the group for smoking prevention and cessation in the IMA, and others.

 Head of the Religious Zionist Party MK Bezalel Smotrich speaks during a rally against the Israeli government in Tel Aviv, December 7, 2021.

The exodus from Egypt,  Tu Bishvat, and your money - opinion

Far too often investors focus on the immediate present without any broader perspective. They lose sight of their long-term goals, because of short-term fear.

 Money jar

Investing in real estate abroad and what it will mean for your taxes

If you want to diversify your investments and purchase real estate in the UK, here's what you need to know.

 Property estate agent sales and letting signs are seen outside an apartment building in Lichfield, Britain, May 3, 2022.

We’re worth what we give: A tax expert's charity and action - opinion

Brian White is one of the top (if not the top) tax experts in the UK, a man of action, and a man of charity both in the UK and Israel.

 BRIAN WHITE chose this special-needs minibus over a Patek Philippe watch.

Things to consider as the tax year comes to an end

The Israel-Hamas war is adding to the government’s budgetary needs. So, taxes won’t be cut any time soon.

Calculating taxes

Saudi Arabia announces tax breaks for companies moving regional HQs to the kingdom

Crown Prince Mohammed bin Salman, has made serious efforts in recent years to turn the country into a viable alternative to the United Arab Emirates as a regional hub of finance, industry, and trade.

Saudi Crown Prince Mohammed bin Salman gestures during a military parade

Revisited: Is Zionism tax evasion? - analysis

The moral seems to be: don’t overdo your tax planning. But this was not the finest hour for anyone involved.

 Illustrative image of a piggy bank on a pile of money.

Hunter Biden charged with four-year tax evasion scheme

Biden was hit with three felony and six misdemeanor tax offenses, according to an indictment filed in US District Court in Central California.

 Hunter Biden, son of US President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, US July 26, 2023.