Israel: Details of Budget for 2015

The Israeli parliament (Knesset) approved the Corporate Minimum Tax for Multinational Groups Law in its second and third readings, implementing the OECD’s Pillar 2 rules into domestic legislation on 29 December 2025. The legislation

Israel’s Ministry of Finance has proposed a temporary tax on banks’ excess profits and approved a higher tax-free import threshold in an announcement on 23 December 2025. The initiative is aimed at easing pressure on consumers but was

Israel’s Ministry of Finance launched a public consultation on 15 December 2025 on a draft memorandum aimed at keeping the country’s tax incentives competitive ahead of the introduction of a qualified domestic minimum top-up tax in 2026. The

The Israeli cabinet approved the 2026 state budget on 5 December 2025 after prolonged negotiations and internal disputes over allocations. The key tax measures and policy changes are as follows: Corporate and Banking Taxes  New measures

The fourth session of the Joint Economic Commission between Azerbaijan and Israel was held on 20 November 2025 in Jerusalem, co-chaired by Azerbaijani Economy Minister Mikayil Jabbarov and Israeli Minister Zeev Elkin. The meeting highlighted the

Israel’s Ministry of Finance presented reforms in its taxation policy on 2 November 2025, designed to facilitate activities and increase the attractiveness of the Israeli high-tech industry. The reform was formulated by a team that included