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Ministry of Finance

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Ministry of Finance

30 stories about Ministry of Finance

Israel’s revamped high-tech tax plan puts foreign investors and global companies in the spotlight
13.10.24|Sophie ShulmanA series of new measures, seeking to address investor concerns and offer clarity on capital gains exemptions and multinational tax obligations, has been reinstated into the Arrangements Law.
Israel's high-tech sector faces setback as key benefits removed from budget bill
22.09.24|Meir Orbach and Sophie ShulmanForeign investor incentives and multinational tax reforms pushed to lengthy legislative process amid growing uncertainty.
Israel turns to tax breaks to lure back foreign high-tech investors
08.09.24|Adrian FilutAs investments drop, the government plans to roll out new tax incentives to reinvigorate foreign interest.
Israel to collect a minimum tax rate of 15% from multinational companies
29.07.24|Shlomo TeitelbaumThe Ministry of Finance announced that Israel would join the OECD's taxation plan on multinational companies with the policy expected to enter into force in 2026. Amid concerns that raising taxes may reduce Israel's attractiveness for companies, the ministry says that they can still receive special grants.
Intel-Israel negotiations revealed: What did the chip giant demand for $25 billion investment?
21.01.24|Shlomo Teitelbaum and Omer KabirKfir Battat, Deputy Director of the Budget Department at Israel's Ministry of Finance, who led the talks with Intel, believes that even though the chip company did not make life easy for him and his colleagues, the final outcome is positive for both Israel and Intel
War with Hamas to cost Israel at least another $14 billion in 2024 and result in a near-tripling of budget deficit
25.12.23|ReutersBriefing lawmakers, the Finance Ministry said the war was expected to stretch at least two months into 2024, adding 30 billion shekels for security and another 20 billion for civilian and other expenses
Chief Economist warns judicial overhaul could harm Israel's growth
24.02.23|ReutersIn the document and budget plan that were sent to parliament on Thursday, Shira Greenberg noted that the judicial changes had not yet been completed but may still hurt investment as well as Israel's credit rating
Israel to issue government bonds on a blockchain
19.10.22|CTechThe Israel Ministry of Finance and the Tel Aviv Stock Exchange have established a joint team with VMware and Fireblocks to perform a Proof of Concept for the issuance of government bonds on a blockchain platform
Israel’s Ministry of Finance promotes a bill to encourage local fintech activity
05.07.21|Irit AvisarAccording to the legislation, fintech companies that will test their services locally will receive regulatory relief
CTech Meets: The Fintech Ladies bringing women to finance
17.05.21|James SpiroThe Fintech Ladies IL community has more than 1,000 members and was created to empower women in the Fintech industries. CTech speaks with its founder to find out more
Project Nimbus: Microsoft looks to be out, with Amazon and Google in it for the win
30.03.21|Meir OrbachIsrael is expected to select two providers for government services through the cloud
Finance ministry promises 2021 budget in December amid executive brain drain
12.10.20|ReutersIsrael's economy has been hit hard from the Covid-19 outbreak and is expected to contract in 2020 for the first time in nearly two decades
Israel announces emergency stimulus program to boost employment in tech and industry
04.10.20|Hagar RavetThe NIS 60 million program aims to quickly train 3,000 job seekers for R&D positions and R&D support roles
Israel awards 10 institutional investment firms safety net for tech investments
30.09.20|Meir OrbachInstitutional investors will be entitled to receive back up to 40% of their original investment in case of losses and will pay the IIA 10% of the difference between the return of their investments and the return received over the same period from state bonds should they make a profit
Government reveals $320 million plan to stimulate investment, job retention in tech
10.08.20|Omri MilmanFund allocation delayed due to political crisis, ministers highlight funds earmarked for enterprises that didn’t lay off workers despite revenue decline
Despite Government Plans, Israeli Tech Leaders Aren’t Rushing to Send Employees to the Office
16.04.20|Meir OrbachIndustry executives tell Calcalist they’re satisfied with remote work productivity and will not risk workers’ health or comfort
Israel’s Finance Ministry, Central Bank Warn Against Financial Disaster
12.01.20|Gad LiorIsrael’s political stagnation could steer the country towards mounting deficit, hurt social services and other essential government functions
There Is no Alternative to Raising Taxes, Says Israel’s Chief Economist
07.10.19|Omri MilmanIn a first interview since her January appointment, Shira Greenberg talked about Israel’s budget deficit, market productivity, and the taxation of tech exists
Israel Mulling Taxing Sugary Drinks, Disposable Tableware, Says Finance Ministry Official
02.09.19|Lior GutmanShaul Meridor, head of the budget department at Israel’s Ministry of Finance, spoke Monday at Calcalist and Bank Leumi's National Economic Conference in Tel Aviv
Israel's Former Chief Economist Joins Online Payment Company Payoneer
22.08.19|Meir Orbach Yoel Naveh served as the chief economist of the Ministry of Finance until 2018

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