Globes

The Tel Aviv District Court ruled that the forfeiture of bank guarantees due to a contractor's collapse constitutes a reduction in the transaction price, entitling the company to a VAT refund. The judge rejected the Tax Authority's position, warning against double taxation, and ordered the state to pay 75,000 shekels in legal costs.

Tax benefits on deposits and a full exemption from capital gains tax after six years make Keren Hishtalmut the ultimate savings product. Despite the annual deposit ceiling, some can enjoy the benefit twice: how does combining employment as an employee with self-employed activity allow holding two funds simultaneously? Retirement experts answer critical questions about retiring in a new column.

Establishing an anti-racketeering unit, firing managers, replacing suppliers, and reviving the discount chain — brothers Yossi and Shlomi Amir have radically transformed Shufersal. In two years, the company's value jumped from 5 to 12 billion shekels, but aggressive management methods raise questions about customer loyalty.