Tag: income tax
Tax Authority Wants Halt on Exemptions to Olim, Returning Israelis, with Earnings Abroad
Potential olim and returning citizens would be more reluctant to come to Israel if they foresee disputes with the Tax Authority.
Jordan May Have Embarked on Its Arab Spring Crisis
King Abdullah II of Jordan has decided to cancel his trip abroad this week after realizing that a political earthquake is threatening his rule.
Israel Tax Authority Presents New Codes for Home Owners
People who own and lease up to five private housing units are likely to be entitled to a reduced rate of 10 percent taxes, because fewer than five housing units is considered “passive income” under the new rules.
Prediction ‘Failed’: Israeli Tax Authority Now Expects $5.7 Billion Surplus in 2017
“A billion here, a billion there, pretty soon it adds up to real money.”
Income Tax Employees’ ‘Italian Strike’ Threatening Israeli Economy
As of Sunday morning there are no assessment hearings, and for several weeks no taxation abroad is being certified, no tax withholding on transactions in Israel, and 7,000 real estate transactions are delayed.
Israel Follows US Lead on Hunting Citizens’ Foreign Assets
Israel's Tax Authority, like the IRS, is hunting citizens' foreign assets.
Israel, U.S. Reach Agreement on IRS Regs for Dual Citizens
The Israel Tax Authority has reached agreement with the U.S. to coordinate info between the IRS and Israeli banks.
A Closer Look at Bill de Blasio’s Record
Just recently, two of his staffers were forced to resign over anti NYPD, racist and antisemitic tweets.