Taxes

Ability Industries, two officials indicted in NIS 35m. defense-export case

Prosecutors charged the company and two officials with aggravated smuggling offenses and unlicensed defense marketing.

A general view of the the Magistrate's Court in Rishon LeZion on October 28, 2020.
House and calculator [Illustrative].

Lawyer claimed disability residency status to save NIS 450,000 on property taxes

Bezalel Smotrich

The Association for Civil Rights petitions against the tax benefits law for settlements

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Your Taxes: Look before you leap out of Israeli fiscal residency


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

The ministry announced a relief fund for small businesses with up to NIS 25 million in annual turnover, and additional help to medium businesses.

Finance Minister Bezalel Smotrich speaks at the Knesset plenum ahead of the 2026 state budget vote, March 30, 2026.

Your Taxes: The budget’s tax breaks

Olim already enjoy a 10-year Israeli tax holiday for foreign-source income and capital gains. Starting January 1, 2026, olim may also be exempt from Israeli tax on Israeli-source income.

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

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

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

Your Taxes: Good news for Israelis with foreign rental income

In 2024, the NII issued Circular No. 1314, stating that it had stopped collecting NII contributions on Israeli residential rental income. But the NII said nothing about foreign rental income.

Gavel [Illustrative]

Knesset advances bill granting five-year tax exemption to olim, returning residents

Olim, along with returning residents who have lived abroad for at least ten years, will be eligible for the tax exemption.

Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 23, 2026.

Your Taxes: How Israelis can claim fast-track missile damage compensation

The Israel Tax Authority has opened an online fast-track option for claims of property damage resulting from Iranian missile strikes, with compensation of up to NIS 30,000 available.

Aftermath of an Iranian ballistic missile attack following impact of missile fragments in central Israel, March 8, 2026

Your Taxes: What makes Israeli hi-tech tick

Venture capital (VC) funds provide capital, education, and financial discipline to clever young geeks. The Israel Innovation Authority (IIA) provides R&D grants.

Israeli Tech

The real cost of leaving: What Israeli founders pay when they incorporate in the US

“Too many Israeli entrepreneurs make the move without understanding the full cost structure.”

Your Taxes: Doing business in Israel in 2026

Israel’s tax treaties and the OECD Multilateral Instrument refine these criteria for foreign companies.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

US condemns Hamas after video shows terrorists intimidating, extorting Gazans

According to activist Ahmed Fouad Alkhatib, the clip shows Hamas operatives shutting down small vendors who refused to pay taxes and threatening violence, disappearance, and torture.

Gunmen stand guard at the funeral of Marwan Issa, a senior Hamas deputy military commander who was killed in an Israeli airstrike during the conflict between Israel and Hamas, amid a ceasefire between Israel and Hamas, in the central Gaza Strip, February 7, 2025.