VAT

Tax Authority prepares a NIS 10 Billion economic plan for the incoming government

Tax Authority prepares steps for new government to yield billions, including vacant land & travel taxes, plus real-time VAT. The director warns against new elections.

Israel's Tax Authority prepares a NIS 10B reform.
Law enforcement arrests a member of the Hariri crime organization on suspicion of extortion, threats, and the planting of explosive devices.

Your Taxes: How Israeli businesses can claim compensation for protection money damage

An illustrative image of menstrual care products

The case for Israel to subsidize menstrual products - opinion

 Illustrative image of doing taxes.

Your Taxes: Israeli property flip ends with a costly VAT lesson


Steep fall in mortgage taking in Israel in January

Compared with January 2024, mortgage taking was up 30% and up 15% from January 2023.

 Mortgage

Altshuler Shaham to acquire 20%-25% stake in KSP at NIS 2.3 billion valuation

Altshuler Shaham leads institutional investors in acquiring a 20%-25% stake in KSP, valuing the retail chain at NIS 2.3 billion, amid strong financial results and shifting expansion plans.

 KSP Logo

Israeli home purchases by foreign residents jump 50%

In November-December, they purchased 22 apartments at prices of more than NIS 10 million, out of 72 such apartments purchased in 2024, a large part of which were new apartments.

 SCENES FROM Tel Aviv: Checking out apartment prices.

Food chain surprises: "We will absorb the VAT increase"

Carrefour announced it will absorb the VAT increase on 1,700 private label products, including food, pharmaceuticals, toiletries, and fresh meat, chicken, and fish.

 Carrefour Dizengoff Center. The 80th branch in Israel