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Taxes
That package you ordered from abroad just got more expensive: VAT exemption back to $75
The Knesset cancelled the $130 VAT exemption last night, bringing Israel’s $75 limit back; Overseas packages above that amount will now face 18% VAT at customs.
Gad Lior
|
06.02.26
The quiet revolution awaiting olim and returning residents: Is Israel turning a new page?
Israel’s new law offers major tax breaks for olim and returning residents, including exemptions of up to NIS 1 million a year, but new reporting rules and tax risks require careful planning
Amit Gottlieb
|
04.25.26
Israel approves new R&D tax incentives in bid to keep high-tech investment
Parliament backs 2026 R&D tax credits, with bigger incentives for firms in periphery and major tech companies, as Israel moves to protect its high-tech edge amid OECD-led tax changes and intensifying global competition for investment
ynet Global
|
04.11.26
Israel considers fuel tax cut, dollar tax payments as Iran war drives global oil surge
Officials consider cutting fuel tax by at least 50 agorot per liter before Passover to keep prices below NIS 8; manufacturers also push to pay taxes in dollars to ease currency pressure
Gad Lior
|
03.22.26
In unusual bid to shield shekel, Israel to collect Google-Wiz deal taxes in dollars
As Google’s $32 billion purchase of Wiz closes, authorities are collecting roughly $2.5 billion in taxes from founders in dollars rather than shekels, seeking to prevent a market shock as the currency surges and war clouds the economy
Adrian Filut/Calcalist
|
03.11.26
Despite record size, first post-war budget lacks growth engines, slashes welfare
Fate of the 2026 budget hinges on ultra-Orthodox party support, as lawmakers push through a costly plan with new taxes on land, banks and e-cigarettes, frozen income tax brackets and no clear growth engines after two years of war
Gad Lior
|
01.26.26
When immigration leads to higher taxes: Israel’s message to international families
After a two-year pause, Israel’s Tax Authority has renewed its reportable positions, adopting a narrow view of tax exemptions that in some cases increases tax exposure for immigrants with foreign trusts
Eyal Sando, CPA (LL.B.)
|
01.11.26
New year price hikes drive up cost of living nationwide
From electricity and water to property taxes, food and electric vehicles, a broad wave of state-led price hikes takes effect on January 1, with tax relief promised only later if the 2026 budget is approved in March
Gad Lior
|
01.01.26
New year, new taxes? What awaits Israelis on January 1
As 2026 begins under a temporary budget, key tax changes are set to take effect—from pension tweaks to higher VAT and EV levies—while major reforms, including income tax relief and property levies, remain stalled in the Knesset
Gad Lior
|
12.30.25
Smotrich declares war on the banks as they threaten the public will pay
As banks post tens of billions of shekels in earnings, the finance minister pushes a special tax, regulators warn of consumer fallout and the fight heads toward the Knesset and the High Court
Gad Lior
|
12.28.25
Finance Minister Smotrich escalates fight with Israeli banks, pushes 15% tax on excess profits
Israel’s finance minister plans to impose a 15% tax on banks’ excess profits, more than double the rate recommended by a special panel, with expected revenues of about $354 million in 2026 and at least $470 million annually from 2027
Gad Lior
|
12.23.25
Israel to double VAT-free limit on overseas online orders; retailers fume
Finance Minister Bezalel Smotrich set to double VAT exemption on personal imports to $150, effective within days; move, criticized by treasury officials and business groups, expected to cost state coffers billions and hurt local retailers
Gad Lior
|
12.22.25
Israel probes major tax fraud tied to Alibaba, AliExpress imports
Israel Tax Authority investigates Tim International Transport and its owner over alleged smuggling, false customs declarations and VAT fraud worth millions in goods imported for Alibaba and AliExpress, using concealed warehouses and illegal offsets
Gad Lior
|
08.27.25
Cost of Israeli control of Gaza could exceed $50 billion a year, estimates show
Israel risks severe economic strain from the costs of total military control of encalve and a stalled 2026 budget, with officials warning of deep cuts, higher taxes and potential credit downgrades as war expenses soar
Gad Lior
|
08.10.25
Israel seizes assets of Medtronic subsidiary in $180 million tax dispute
An Israeli subsidiary of a U.S. medical device giant is fighting a $180 million tax bill, claiming it lacks the assets to pay and that negotiations for a settlement were underway before the state moved to seize its property
Calcalist
|
05.26.25
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