No National Insurance Due On Passive Foreign Rental Income
An Israeli court has re-affirmed the principle that no national insurance (social security) contributions are due on passive foreign rental income.
Roaring Lion – Property Damage Relief
The Iranian missiles pack a punch, but some compensation is on offer from the Israeli government. Below we review some recent additions to the relief package. That said, the less needed, the better. Property claims: The Israel Tax Authority (ITA)…
Business Nearly As Usual
Dear Clients and Friends, Hope all is well. Yesterday, a new Iranian campaign erupted – called Lion’s Roar in Israel and Epic Fury in the US. Most Israelis are working from home. Others were called up to reserve duty. Children…
Digital Donations
By LEON HARRIS FEBRUARY 13, 2026 19:37 Charity used to begin at home, but now in Israel, it begins on the home page. As of January 1, the Israel Tax Authority required all charities to move over to an online system of…
Mortgage Blues
There are reports that some people are planning to stop repaying home mortgages. This apparently would be in protest over economic sanctions against IDF draft dodgers. The sudden loss of cash in the Israeli economy may cause a degree of chaos. Is…
M&A Notes Feb 6, 2026
M&A MAG!February 6, 2026 Edition Welcome to this edition of M&A NOTES, a magazine which focusses on the many aspects of business Mergers & Acquisitions. In this edition:• Article: Ready, Steady, Exit!• New book: M&A THIS WAY! Available here: https://mergeacq.com/ma-book/…
EU VAT Applies To Software As A Service (SAAS)
The EU Court of Justice has issued a VAT judgment that not only takes a last blast at Britain, it also causes collateral tax damage to US and other non-EU online platforms if they supply services to EU or UK…
OUT NOW! “M&A THIS WAY!” January 2026 Edition.
Practical guide book on how to prepare and succeed in an M&A deal. For company buyers, sellers, advisors and investors. For M&A deals of all sizes, including international M&A deals. Topics covered include: – Ingredients of an M&A deal; –…
Board Of Peace or Peace In Our Time?
The Trump administration has just announced the formation of a Board of Peace for Gaza. Will it really bring lasting peace? Or will it bring peace in our time as British prime minister Neville Chamberlain said just before World War…
Reportable Tax Positions 2025 Target US K-1 Forms
The Israeli Tax Authority (ITA) published more reportable tax positions on December 30, 2025 which are similar to reportable tax shelters in the US and UK. But the ITA also uses them to impose its interpretation of the tax law…