Tax


Ryan Promises Tax Overhaul Year Despite GOP Divisions

Overhauling the nation’s tax code is a once-in-a-generation opportunity, says House Speaker Paul Ryan, who is promising to act by the end of the year despite political divisions among Republicans…

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Tax Income Rises, But Gov’t Loses Ground

Finance Ministry figures released Tuesday indicate that tax revenues grew in the first five months of 2017, compared to a year earlier. However, a bigger state budget this year means…

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Gov’t Eliminates Import Duty on Shoes

Taxes on shoes were the latest to be slashed, as the government continues with its program of lowering the cost of living for Israelis. Shoes, which until now had an…

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Kahlon Tax-Break Plan Passes First Reading

The Knesset began its summer session on Monday, and in one of its first acts approved on its first reading the “Family Net” plan proposed by Finance Minister Moshe Kahlon.…

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Gov’t Approves Kahlon Tax Credit Plan for Working Parents

The government on Wednesday authorized for legislation Finance Minister Moshe Kahlon’s “Family Net,” which promises significant tax breaks and subsidies for working families and middle-class Israelis. Among the most significant…

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New Tax Breaks Could Mean New Rentals for Israelis

American-style apartments for rental projects are rare in Israel, where nearly all apartments for rent are owned by people who live elsewhere and rent out their homes privately. That could change, however,…

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