Tax


Russia to Slam Retaliatory Tariffs on U.S. Imports

Russia has announced retaliatory measures in response to the U.S. move to impose tariffs on foreign steel and aluminum. Economic Development Minister Maxim Oreshkin said a statement on Tuesday that…

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Bill to Grant PM Tax Exemptions Advanced in Knesset

A bill to provide tax exemptions for payments and services provided to Prime Minister Binyamin Netanyahu, and for work-related expenses incurred in his private residence in Caesarea, moved forward in…

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Group of 10 Senators Challenge Trump Over Tariffs

A bipartisan group of 10 senators introduced longshot legislation Wednesday that would require Congress to sign off on tariffs imposed in the name of national security, defying President Donald Trump…

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Koch Network Announces Plan to Oppose Trump Tariffs

The political network backed by the Koch brothers is launching a multi-year, multimillion-dollar campaign to oppose President Donald Trump’s push to slap billions of dollars in tariffs on imports from…

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Gov’t: More Cars Than Ever on Roads

Predictions of a fall in car sales this year were radically off. According to government statistics, over 100,000 new vehicles were imported into Israel during the first four months of…

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Officials Want Luxury Car Tax Extended

The Finance Ministry’s top economist is urging the government to extend a tax on high-cost luxury vehicles. The tax was implemented five years ago by then-Finance Minister Yair Lapid, and…

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Economics Minister Seeks Tax Breaks for High-Tech

Economics Minister Eli Cohen is seeking tax breaks for high-tech companies. In a letter to the Tax Authority, Cohen said that the breaks were necessary in order to help companies…

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Sen. Rubio: U.S. Workers Gain Little From Tax Reform

Republican Senator Marco Rubio, in a move that may undercut his party’s message about their recent tax overhaul ahead of the 2018 midterm elections, told the Economist magazine there is…

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