As part of the 2025 budget tax package, the Knesset passed an amendment that expands and increases what is sometimes known as the “Rich Man’s Tax” on high-income taxpayers.
"Growth in Israel is relatively high and the deficit is expected to decline and is significantly lower than most of the Western world," said Mizrahi Tefahot regional financial advisor David Shelly.
Bank of America published a forecast about the Israeli currency. The bank's analysts expect the shekel to continue to strengthen if the ceasefire agreements are fully implemented.
Your taxes: Israel is an OECD member but is not a covered jurisdiction for Amount B purposes. So the Israeli Tax Authority may not accept Amount B calculations from Israeli importers and exporters.
The provisional budget is much lower than the proposed budget for 2025, and it is impossible to continue to function over time without passing the 2025 budget, the accountant-general said.
Whether it be attending the March of the Living, meeting Holocaust survivors, or defending Israel, Brock Pierce has shown time and again his commitment to his friends in the Jewish community.
Nefesh B’Nefesh, the one-stop resource shop for olim, refers queries about finances and budgeting in Israel to the Living Financially Smarter in Israel Facebook group.
With traditional fundraising slowing down, Catalyst Investors’ Club offers foreign investors exclusive access to late-stage tech deals, sustaining growth in Israel's high-tech ecosystem.