Taxation in Israel

Following Israel’s social justice protests in July 2011, Prime Minister Benjamin Netanyahu created the Trajtenberg Committee to hold discussions and make recommendations to the government's socio-economic cabinet, headed by Finance Minister Yuval Steinitz.

In December 2011 the Knesset approved a series of amendments to Israel's tax law.

The law was introduced in order to persuade many Israelis, who had made yerida (left the state of Israel) to return.

(see: Taxation in Israel).

Current rates of national insurance for employees, including health insurance and Bituah Leumi contributions (as of September 2013, in NIS)

Taxation in Israel include income tax, capital gains tax, value-added tax and land appreciation tax.

Taxation in Israel include income tax, capital gains tax, value-added tax and land appreciation tax.

Taxation in Israel include income tax, capital gains tax, value-added tax and land appreciation tax.

Taxation in Israel include income tax, capital gains tax, value-added tax and land appreciation tax.

The primary law on income taxes in Israel is codified in the Income Tax Ordinance.

There are also special tax incentives for new immigrants to encourage aliyah.

Following Israel’s social justice protests in July 2011, Prime Minister Benjamin Netanyahu created the Trajtenberg Committee to hold discussions and make recommendations to the government's socio-economic cabinet, headed by Finance Minister Yuval Steinitz.

Following Israel’s social justice protests in July 2011, Prime Minister Benjamin Netanyahu created the Trajtenberg Committee to hold discussions and make recommendations to the government's socio-economic cabinet, headed by Finance Minister Yuval Steinitz.

Following Israel’s social justice protests in July 2011, Prime Minister Benjamin Netanyahu created the Trajtenberg Committee to hold discussions and make recommendations to the government's socio-economic cabinet, headed by Finance Minister Yuval Steinitz.

Following Israel’s social justice protests in July 2011, Prime Minister Benjamin Netanyahu created the Trajtenberg Committee to hold discussions and make recommendations to the government's socio-economic cabinet, headed by Finance Minister Yuval Steinitz.

Following Israel’s social justice protests in July 2011, Prime Minister Benjamin Netanyahu created the Trajtenberg Committee to hold discussions and make recommendations to the government's socio-economic cabinet, headed by Finance Minister Yuval Steinitz.

During December 2011 the Knesset reviewed these recommendations and approved a series of amendments to Israel's tax law.

Multinational companies that provide services to Israel through the Internet, such as Google and Facebook, must pay the VAT tax rate.

Multinational companies that provide services to Israel through the Internet, such as Google and Facebook, must pay the VAT tax rate.

Current rates of national insurance for employees, including health insurance and Bituah Leumi contributions (as of September 2013, in NIS)

This covers all income, active or passive, such as interest, dividends, pensions, royalties and rental of assets.

This covers all income, active or passive, such as interest, dividends, pensions, royalties and rental of assets.

This covers all income, active or passive, such as interest, dividends, pensions, royalties and rental of assets.

New Immigrants are entitled to exemption from paying tax on interest on foreign currency deposits for 20 years, so long as the source of those deposits is capital they possessed prior to their immigration, and which was deposited in an Israeli banking institution.

New Immigrants are entitled to exemption from paying tax on interest on foreign currency deposits for 20 years, so long as the source of those deposits is capital they possessed prior to their immigration, and which was deposited in an Israeli banking institution.

The deducted money is deposited in a fund along with an employer paid tax of 16 per cent.