Tax

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

Finance Minister Bezalel Smotrich intends to introduce the additional reduction, which, if approved and completed, is expected to bring the price of a liter of gasoline down to about NIS 7.77.

A worker fills benzene, at a gas station in Jerusalem before petrol prices rise at midnight on 31 January 2011.
Finance Minister Bezalel Smotrich attends a ceremony marking the establishment of the new Israeli settlement of Ma’ale Arugot in Gush Etzion, in the West Bank, September 2, 2026.

Smotrich to again increase state fuel subsidies to counter rise in gas prices

Bank of Israel.

'In a year, we will be in a whole new world': Bank of Israel official's forecast

Israel Tax Authority, Israel Land Authority, Bank of Israel.

Nearly NIS 2B. revealed: Voluntary tax disclosure program comes to an end


Your Taxes: So you want to acquire an Israeli company?

Over the past year, Google acquired Wiz for $32b., Palo Alto Networks acquired CyberArk for around $25b, and there were many smaller deals.

 Illustration of  Israeli shekels, September 24, 2023

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

Nearly 30,000 property damage claims filed since start of Operation Roaring Lion

According to the Tax Authority, 65 compensation fund teams are currently operating across the country to assist civilians whose homes and property have been damaged in the war.

Destroyed building in central Israel following Iranian missile strikes on February 28, 2026.

Knesset advances bill to grant tax benefits for West Bank settlements

The bill passed with 37 lawmakers in favor and 33 against. It will return to the Knesset Finance Committee for further debate and still must pass two additional readings in the plenum to become law.

A drone view of Al-Arroub refugee camp alongside a new road, part of the expansion of Israeli bypass roads connecting Israeli settlers in the West Bank with Jerusalem, in the West Bank, September 29, 2025.

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

Barcelona doubles tourism tax, charging visitors up to €15 a night

A couple spending two nights in a four-star hotel — nearly half of Barcelona’s hotel stock — could see the bill rise by €45.60.

The illuminated Nativity Facade of the famous Sagrada Familia in Barcelona at blue hour.

‘Tax the Jews’ chants break out at event held by Jewish mayor of San Francisco

“Suggesting that Jews are wealthy is a tired trope, and targeting our community at an event focused on creating economic opportunity for San Franciscans is decidedly antisemitic,” Mayor Lurie said.

San Francisco Mayor Daniel Lurie speaks during the California Democratic Convention in San Francisco, California, US February 21, 2026.

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.

Police and Tax Authority uncover NIS 50 million laundering scheme in Kafr Kara factory

A joint investigation by Israeli police and the Tax Authority led to the seizure of millions in cash and assets at a Kafr Kara concrete factory linked to a major money laundering ring.

Israeli police investigators from the Lahav 433 unit search a concrete block factory in Kafr Qara suspected of money laundering and tax offenses.

Your Taxes: Israel moves charities online for tax breaks

Starting in 2026, details of each donation reported are immediately stored electronically on the ITA’s system. The donor can access these details online.

A charity donation box is seen in this illustrative photo taken March 22, 2023