Tag: tax
Israeli Citizen Receiving PA’s Pay for Slay Terror Stipend Arrested in Money-Laundering Sting
The network of companies distributed and offset fictitious invoices amounting to tens of millions of shekels for money-laundering and tax offenses.
Israel Increasing Tax Credits for Parents
The bill grants an additional tax credit to parents of children aged 6 to 17.
Ahead of Passover Israel Cutting Import Duties on Eggs
The use and consumption of eggs always increases around the time of holidays in Israel.
New Israel Fund Accused of Tax Scheme—Report
The NIF is incorporated as a foreign company in Israel and therefore its Israeli donors aren’t entitled to tax benefits.
PA Arabs Threatening to Join Israeli Cellular Networks
PA Arabs are protesting the PA plan to tax their cellular phone subscriptions and transfer the money to eastern Jerusalem.
Israel Receives Largest-Ever Shipment of Tesla Cars
Large-scale deliveries are intended to beat the January increase in the purchase tax on electric vehicles from 10% to 20%.
Finance Committee Discusses Imposing VAT on Imported Digital Services
It's been dubbed the Netflix tax.
Want to Pay through the Nose for your Luxury Car? You’ll Love Israel’s Prices
The same tax policy is applied to all the new cars imported to Israel, but the sticker shock is less explosive because most models on Israel's road are economy and below.
PA Considering Receiving Tax Funds from Israel Through Third Country
Since the PA announced in mid-May that it was severing relations with Israel, it has refused to accept all the tax money collected by Israel on its behalf.
Palestinian Authority Refuses to Accept $190 Million in Taxes Collected by Israel
The decision was taken “in compliance with the leadership decision to stop all forms of coordination with Israel,” says Palestinian Authority spokesman Ibrahim Melhem.
Israel Will Transfer Tax Funds to PA Despite Suspension of Ties
Approximately half a billion shekels will be transferred.
How the CARES Stimulus Act Can Financially Help You and Your Business
Watch (and read) an important webinar titled Navigating Regulatory Changes, covering the latest “CARES” stimulus act as well as other relief initiatives and how they affect you, your business or organization.
Goldstein on Gelt: What Does “The Laffer Curve” Say is the Best Tax Rate?
Governments increase income with taxes; individuals need other ways to generate wealth. Doug discusses how to invest when markets hit rock bottom and investment strategies to achieve long-term goals.
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.
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.”
Israel Tax Authority: FATCA Working Both Ways, US Accounts Belonging to Israelis Reviewed
Israel received data on more than 35,000 Israeli-held accounts in US financial institutions.
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.
All-Time High Israeli Tax Collection: $57 Billion So Far in 2016
Based on the tax collection bonanza, it appears government could go on a mad spending spree, especially on security, and still end up with only a 2% of GNP deficit.
A First: Kibbutzniks to Pay Personal Income Tax
The Finance Ministry's new rule must still go through the Knesset Finance Committee for approval, and the agricultural lobby is expected to put up a hard fight against the changes.
Knesset Considering Tax Breaks for Judea and Samaria Communities Facing Security Threats
"The national government is returning Judea and Samara to the settlement map. There's a long way to go, but this is a step in the right direction."
Knesset Committee Approves Submission to US IRS Tax Compliance Act
The committee also succeeded in repelling the Israeli tax authority, which wanted initially to be able to use information gathered by Israeli banks for the IRS.
Haredi Party Spearheading Effort to Protect Israeli Religious Charities from US Tax Authorities
Using the US' enormous economic clout, FATCA bullies the world's financial institutions into reporting on their American clients to Uncle Sam.
How Tax Laws Can Help in the Fight Against Terrorism
FATCA (Foreign Account Tax Compliance Act) restrictions are unfair to law-abiding U.S. expats. Did FATCA lower the value of U.S. citizenship?
Netanyahu, Kahlon Cut Taxes to Spur Sluggish Economy
Israel's sales and corporate taxes will be cut in order to spur a sluggish economy.
Gaza Area Israeli Farmers Meeting to Protest Immigration Authority Raids
“Hamas rockets have failed to eliminate our farms, but the state’s fines may do it,” say the farmers.
IRS $50M Cyber Security Scandal Stretches to Russia
A cyber security breach into the IRS computer system has been traced back to Russia. Cost; $50 million-plus.
US Orchestrated Anti-Bibi Bomb May Bite its Backers
V15 is barred from attempting to achieve its stated goals: defeat Bibi and create a Palestinian State.
Tax Authorities Raid Lulav and Etrog Street Vendors
Israeli tax official surprised Lulav and Etrog street vendors around the country on Monday.
Rabbi Sacks Attacking PM, Multiculturalism
Britain's chief rabbi, Lord Sacks, is blaming British Prime Minister David Cameron for failing to do enough to boost marriages in the UK, and...