The Israeli tax authority (ITA) has just issued instructions for raising 2025 tax installments for most private companies in Israel backed up by a wave of tax payment demands in the post (ITO Section 62A Instructions 23.12.25). Foreign companies owned by Israeli residents, including new immigrants, may be caught.
The ... Read More
Category: General Business
01
Dec2025
When people work from home or a vacation home, the tax result is often a mess.
And a recent OECD solution leaves doubts.
People in many sectors can work online wherever they want – at the office, at home or in a vacation home in another country by the beach or ... Read More
December 1, 2025Leon Harris
01
Dec2025
Why endure tough times outside Israel, when tax breaks are on offer for up to 10 years in Israel?
The world is full of problems. Israel has problems but Israelis learn to cope. As Steve US Special Envoy Witkoff told a rally in Hostage Square, Tel-Aviv on October 12, 2025: "When ... Read More
December 1, 2025Leon Harris
28
Aug2025
The Israeli Tax Authority (ITA) has just announced a new Israeli voluntary disclosure procedure (VDP), better known as a tax amnesty. It is a useful way of coming clean about past unreported income .But it might not be for everyone.
August 28, 2025Leon Harris
06
Jul2025
The Israeli Justice Ministry has published new proposals on Israeli fiscal residency. The public has until July 23, 2025 to comment. They may want to.
People who take frequent vacations in Israel are more likely to become fiscally resident in Israel under the new proposals.
In brief, it is proposed that 75 ... Read More
July 6, 2025Leon Harris
23
Jun2025
The Start Up Nation is also the Never Again Nation.
Operation Arising Lion with US support has brought a huge feeling of relief from nuclear threat to Israel, but at a heavy human and financial price.
The Iranian missiles reportedly carry a much heavier payload of up to 1 ton, around 5-10 ... Read More
June 23, 2025Leon Harris
05
Jun2025
The war has dampened M&A (exit) activity in Israel a bit, but deals are still being done. The recent Wiz acquisition by Google for $32 billion confirms that.
We discuss a few points based on recent experience. Our remarks are potentially relevant to M&A deals of all sizes in high tech ... Read More
June 5, 2025Leon Harris
27
May2025
The Knesset has passed a law to make employers in Israel divert parts of the statutory recreation bonuses payable to employees (Havraah) and hand them over instead to the Israeli government, i.e. an additional hidden tax (Law to Freeze Recreation Bonuses in 2025, of March 27, 2025).
The Israeli Tax Authority ... Read More
May 27, 2025Leon Harris
20
May2025
Things just got more complex if you rent out properties or sell tickets in Israel.
Prepaid property rent and expense deductions:
The Israeli Tax Authority has issued a limited relief for landlords who receive prepaid rent, in advance of the period of occupation.
On the one hand, receiving property rent upfront removes the ... Read More
May 20, 2025Leon Harris
06
May2025
When considering Israeli tax rates and how to finance the war, don’t forget fines and penalties. These are levied very efficiently by computers. Below we review an instruction of February 3, 2025 from the Israeli Tax Authority (ITA) on how fines may be reduced or eliminated (Procedure For Delegation of ... Read More
May 6, 2025Leon Harris