Tax
Found 8 recent publications

United Airlines CEO Scott Kirby Calls for Near-100% Inheritance Tax on Ultra-Wealthy
United Airlines CEO Scott Kirby has called for a nearly 100% inheritance tax on large estates and a national wealth tax, warning that economic inequality threatens society.

Thailand Implements Strict New Regulations, Levies and Security Rules for Travelers
Thailand is tightening regulations for tourists, introducing new entry and departure taxes, stricter baggage search policies, and shorter visa-free stays, alongside severe penalties for cannabis offenses.

OECD Pillar Two Global Minimum Tax Implementation Stalls in Knesset Committee
Implementation of the OECD's Pillar Two global minimum tax in Israel stalls in the Knesset Finance Committee amid political disputes, threatening high-tech investments and regulatory certainty.
Israel Proposes 120,000 NIS Tax Cap and New Regulations for Taxi Industry
The Israeli Ministry of Finance has published a draft order to overhaul taxation and trade in the taxi industry, introducing a 120,000 NIS ceiling on purchase tax exemptions, stricter usage quotas, and formal regulation for taxi brokers.
Court Voids 4.8 Million Shekel Arnona Hike Imposed on Nursery by Kiryat Ata
Haifa District Court canceled a 4.85 million shekel arnona tax bill issued to a nursery by Kiryat Ata, ruling the 250% rate hike discriminatory and custom-tailored.
Capital Gains Tax: 25% on real profit, and exemptions worth hundreds of thousands of shekels
The sale price in the contract is just the beginning, and it is offset by recognized deductions, a single apartment exemption of up to 5,008,000 shekels, and a beneficial linear calculation for older apartments. The traps that increase the bill.
Tax Authority Study: Drink prices have not returned to pre-tax levels
The tax on sugary drinks was canceled over three years ago, but a new Tax Authority study reveals that part of the price hike remains in effect. The data is particularly notable for products from the Central Bottling Company, including Coca-Cola, Fuze Tea, and Prigat.
New York Court Temporarily Blocks Second Home Tax
New York Mayor Zoran Mamdani's plan to implement a second home tax has been temporarily halted by a Staten Island court. The ruling follows a lawsuit from homeowners who received erroneous tax notifications from the city.