Eran Yaacov

May 11, 2023 | en.globes.co.il | Eran Yaacov |Ela Levy-Weinrib

"We expect that, following the ‘exempt business’ reform, people running sidelines in addition to their day jobs, which generates a great deal of self-employment, who up to now often avoided reporting their income to the Tax Authority for fear of the hassle, having to deal with the Authority, and having to pay tax professionals, will start to report.

Apr 9, 2023 | en.globes.co.il | Eran Yaacov |Ela Levy-Weinrib

Eran Yaacov credit: Eyal Izhar Shekel sharply weaker after security escalation Tel Aviv light rail launch postponed again The Israel Tax Authority is trying to introduce a general reporting requirement even for rental income below the exemption threshold. For years, the Israel Tax Authority has tried unsuccessfully to abolish the tax exemption on rental income under NIS 5,470 monthly.

Mar 23, 2023 | en.globes.co.il | Eran Yaacov |Ela Levi-Weinrib

In recent years companies have flourished that offer accessible online services for receiving tax rebates. Within minutes a form can be filled in and then the company does the work with the Israel Tax Authority and tells the client how much of a rebate they can expect. Of course this work is performed for a fee but now the Tax Authority has decided to play tough with these companies.